Save the date: McKnight’s Fall Online Expo is back Sept. 22
By
Sep 06, 2016
It’s back and better than ever: McKnight’s is proud to announce its Fall Online Expo will return for a fourth year on Sept. 22.
Assisted living facility to pay $42,500 settlement in EEOC suit
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Aug 10, 2015
A Michigan assisted living group will pay more than $42,000 to settle a disability discrimination lawsuit alleging it fired an employee with epilepsy.
Formation strikes gold with $1.7B Genesis buy
By
Liza Berger
Feb 07, 2007
Private equity firms continue to wheel and deal in the long-term care sector.
A joint venture of Formation Capital LLC and JER Partners last month announced the purchase of Genesis HealthCare Corp., the...
BEI management contemplates joining others to run chain
By
Haymarket Media
Apr 22, 2005
The management of BEI may consider combining forces with another company to control the nursing home chain, the CEO of the Fort Smith-based company said Thursday.
Dementia drugs linked to death, FDA says
By
Haymarket Media
Apr 13, 2005
Antipsychotic medications for dementia could cause premature deaths, federal drug regulators said this week.
Average cost of skilled nursing beds rises by 40% in 2004
By
Haymarket Media
Mar 30, 2005
The average price per skilled nursing bed last year soared by more than 40%, to $44,600 per bed. That followed a 17% drop in the price per bed in 2003, according to an industry newsletter.
NeighborCare’s board unanimously rejected another hostile $1.5 billion takeover bid from rival Omnicare, Inc, citing the deal as “blatantly opportunistic” and not in the best interest...
HCR ManorCare secures $550 million line of credit as default talks continue with landlord
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Jul 24, 2017
Skilled nursing provider HCR ManorCare has not paid up on current and past due rents to real estate investment trust Quality Care Properties Inc., forcing the companies into discussions about an event...
Former SNF operator out $300,000 after failing to provide sign language services
By
Danielle Brown
Oct 19, 2021
A former operator of 38 skilled nursing facilities accused of not supplying sign language interpretation for a deaf resident will shell out more than a quarter of a billion dollars to settle the allegations.
Simple finger prick helps gauge need for antibiotics during COPD flare
By
Alicia Lasek
Jul 12, 2019
A finger-prick blood test could help prevent overuse of antibiotics for COPD flares. What’s more, the approach is safe for patients, researchers say.