Judge lets kickback case vs. therapy provider go forward
By
McKnight's Staff
May 01, 2013
A whistleblower lawsuit involving a nursing home chain and therapy providers in Missouri can move forward, a federal judge has ruled. The False Claims Act case originated with allegations that a therapy...
HHS wants $10 million potential payday for Medicare fraud whistleblowers
By
McKnight's Staff
Apr 26, 2013
The Department of Health and Human Services is trying to encourage Medicare fraud whistleblowers by substantially increasing their potential reward. The current maximum award of $1,000 would go up to $9.9...
Kindred executive urges Senate to test payment reforms, put off Medicare cuts
By
McKnight's Staff
May 24, 2012
A top nursing home industry executive made a case against Medicare cuts and in favor of payment and delivery reforms in long-term and post-acute care in a Senate hearing Wednesday.
S&P downgrades nursing home ratings; SNFs lose jobs
Aug 09, 2011
Ratings agency Standard & Poor’s has put all six of its rated for-profit nursing home operators on Credit Watch with a negative outlook.
Provider shares take a hit on news of CMS reimbursement cuts
Aug 02, 2011
Shares of major skilled nursing facility operator stocks took a nosedive Monday morning following Friday’s announcement that the Centers for Medicare & Medicaid Services are cutting Medicare reimbursements...
Kindred-RehabCare merger to create nation’s biggest post-acute care provider
Feb 09, 2011
Kindred Healthcare announced Tuesday that it had reached an agreement to purchase competitor RehabCare in a deal valued at $1.3 billion, which includes the assumption of $400 million in debt.