Long-term care operators cautiously optimistic about future, capital still scarce, Kramer of NIC says
Sep 24, 2010
The economic downturn has tested long-term care operators and they feel stronger as a result of it, Robert Kramer, president of the National Investment Center for the Seniors Housing & Care Industry, suggested...
Omnicare to pay $21 million in settlement for allegedly overcharging Medicaid
Sep 23, 2010
Nursing home pharmacy provider Omnicare Inc. on Tuesday said that it will pay $21 million to Michigan and Massachusetts to settle a whistleblower lawsuit.
NIC celebrates 20 years with sold-out deal-making conference
Sep 17, 2010
The National Investment Center for the Seniors Housing and Care Industry will open its 20th anniversary conference Wednesday night in Chicago. Considered the premier gathering of deal-making investors...
Few spots remain for NIC Conference
Sep 07, 2010
Less than 50 spots are still available for this year’s National Investment Center for the Seniors Housing & Care Industry (NIC) Conference. The deal-making event will be held in Chicago from Sept....
Omnicare sees business swap as right prescription
Sep 07, 2010
Omnicare Inc. announced it will trade its home infusion business to Walgreen Co. In exchange, Omnicare will acquire the drugstore chain’s long-term care pharmacy business. Omnicare’s Interim...
Omnicare swaps for Walgreens’ long-term care division
Sep 07, 2010
Omnicare Inc., the largest long-term care pharmacy provider in the United States, has announced plans to get even bigger. The pharmaceutical giant said Friday it would acquire the long-term care branch...
Low-dose cannabis use effective at relieving some chronic pains, study shows
Aug 31, 2010
Smoked cannabis has been shown to alleviate chronic neuropathic pain caused by trauma or surgery, according to the results of a new, small-scale study into the effects of the drug.
Electronic cassette dispenser floor stand available
Aug 24, 2010
Kimberly-Clark Professional recently unveiled an electronic cassette dispenser floor stand. The stand allows providers to obtain instant hand-sanitizing virtually anywhere. The product is ideal for areas...
A whiff of progress: Researchers develop sniffing device to allow disabled to communicate, move around
Jul 28, 2010
A technological breakthrough could allow the severely disabled to use their noses to communicate and even maneuver wheelchairs.
Electronic pill cap increases medication use
Jul 20, 2010
A Center for Connected Health study found that Vitality GlowCaps dramatically increased medication-schedule compliance. The pill bottle covers send wireless signals that activate a glowing light, a tune,...