Aviv finally finds success with $279M initial public offering
By
McKnight's Staff
May 01, 2013
Aviv REIT Inc. netted nearly $279 million in an initial public offering of common stock. The Chicago-based company first tried to go public in 2008 but was stopped by the economic crisis, and a 2009 attempt...
Mosquitoes are active: What can you do?
By
Ron Harrison, Ph.D.
Jul 31, 2015
Some mosquitoes also carry a relatively new virus in the United States called chikungunya virus.
I couldn’t live without … Fast World Works inventory management
Nov 01, 2013
As the chief operating officer for MasterCare Inc., a skilled nursing management company, Bryan Hornsby has to keep track of all the equipment in multiple SNFs. This formidable task is much easier today,...
Breath of fresh air: Feb. 18 webinar focuses on how to improve air quality in long-term care
By
Liza Berger
Feb 01, 2021
The pandemic has revealed just how important air quality is. A webinar to be held Feb. 18 at 1 p.m. ET — which has been approved for one continuing education credit — will talk about the long-term...
OnShift receives equity investment
By
Elizabeth Newman
Oct 30, 2018
Clearlake Capital Group has invested in OnShift, the companies announced last week, with participation from the Ziegler Link•Age Fund II and existing investor Health Velocity Capital. Financial terms...
App spreads reach to post-acute market
Mar 06, 2018
Managed Care Group LLC, an affiliate of Prime Care Technologies, is offering a new case management and reimbursement app to the post-acute market.
Jury awards $5.2 million to nurse fired after reporting abuse
By
Kimberly Marselas
Dec 13, 2017
An Illinois nurse who claimed she was fired from her nursing home job after reporting alleged abuse has been awarded $5.2 million by a Livingston County jury.
Genworth settles lawsuit alleging LTC insurance misreporting for $219 million
By
Mar 16, 2016
Insurance provider Genworth will pay $219 million to settle a class-action lawsuit alleging that it misrepresented the profitability of its long-term care insurance unit, the company announced last Friday.
BusinessBriefs for August 2014
Aug 01, 2014
» Center Management Group of Flushing, NY, will pay $145 million to purchase five nursing facilities and two senior living communities from the Archdiocese of Philadelphia. The company currently operates...
Senators see flaws in RAC payment system
By
Elizabeth Newman
Aug 01, 2013
Aspects of the Medicare Recovery Audit Contractor program came under intense scrutiny during a Senate Finance Committee hearing in June. Lawmakers questioned auditor payment incentives and a sluggish appeals...