Dual-stiffness flooring in nursing homes helps reduce fractures from falls, study shows
By
McKnight's Staff
Apr 12, 2013
Nursing home residents who fall on dual-stiffness flooring may be less prone to fractures, according to a recent study in the Journal of the American Medical Directors Association.
McCain, Obama advisers discuss long-term care at symposium
Sep 12, 2008
Surrogates for presidential hopefuls John McCain (R) and Barack Obama (D) spelled out their respective nominees’ views on the future of long-term care in the United States at the third annual Long-Term...
Manor Care 1Q profits decrease 24% on higher revenues
By
Haymarket Media
Apr 27, 2005
Manor Care Inc., one of the three biggest U.S. nursing home chains, said its profits fell 24% in the first quarter as its revenues expanded by 10%. Results of operations included an “unusually high”...
Beverly gets interest from more than 12 possible buyers
By
Haymarket Media
Apr 08, 2005
More than a dozen interested parties have approached BEI since it opted to sell itself in an auction last month, the Fort Smith, AR-based nursing home chain disclosed this week.
Extendicare Inc., one of the largest skilled nursing chains in North America, more than tripled its profits in the fourth quarter, despite lower sales. The company benefited from a $66.8 million cash dividend...
Kidney care company partners with geriatric dialysis provider
Aug 15, 2017
NxStage Medical Inc. announced its Kidney Care subsidiary is partnering with Dialyze Direct, a geriatric dialysis provider for SNF patients, in order to better support the needs of Ohio’s skilled...
Drug maker to pay $38 million to settle kickback claims involving Alzheimer’s drug
By
Dec 19, 2016
A New York-based pharmaceutical company will pay $38 million to settle allegations that it paid kickbacks to doctors to prescribe medications, including the Alzheimer’s drug Namenda, the Department...
BusinessBriefs
Aug 01, 2013
» Cambridge Realty Capital Companies recently arranged $24 million in Housing and Urban Development loans to refinance skilled nursing facilities with a total of 549 beds in three states. The loans will...
Nursing home hospice doctor faces up to 25 years in jail after kickback conviction
By
McKnight's Staff
Jun 05, 2013
A federal jury recently convicted a Philadelphia physician of receiving kickbacks from a hospice provider in exchange for referring Medicare and Medicaid patients. Eugene Goldman, M.D., will be sentenced...
Assisted living executives see federalization as a major challenge
Apr 08, 2011
Assisted living operators need to be more proactive if federal rules for the industry are to be avoided. Greater involvement at the state level, combined with education efforts, is the key to making this...