With the number of residents with Alzheimer’s disease and other forms of dementia expected to skyrocket in the coming years, providers will continue to face challenges from wanderers. Conducting...
First state program to reward LTC workforce quality
By
Haymarket Media
Aug 04, 2006
Long-term care facilities that meet higher standards for workplace culture will receive special licensure in North Carolina under a unique state program. The North Carolina General Assembly recently approved...
Sunrise makes $71 million deal to acquire hospice provider
By
Haymarket Media
Aug 03, 2006
Sunrise Senior Living Inc. has announced it will acquire Trinity Hospice Inc., marking the company’s entry into the fast-growing hospice care industry.
Kindred: Quarterly net profit down
By
Haymarket Media
Aug 02, 2006
Nursing home giant Kindred Healthcare Inc. is reporting net quarterly profit sharply lower from a year ago.
Brookdale completes American Retirement acquisition
By
Haymarket Media
Jul 26, 2006
Brookdale Senior Living Inc. Tuesday completed its acquisition of American Retirement Corporation. Brookdale is now the largest operator of senior living facilities in the United States, according to the...
Court: Kindred does not have to show appraisals to Ventas
By
Haymarket Media
Jul 18, 2006
Kindred Healthcare Inc. is claiming victory after the New York Supreme Court ruled that the nursing home chain does not have to turn over fair market rental appraisals to its main landlord, Ventas Inc.
Two studies examine recipe for longevity
By
Haymarket Media
Jul 14, 2006
Have a grandmother in her 80s or an uncle in his 90s? Then the National Institutes of Health may want to hear from you.
Tandem Health Care sold for $620 million
By
Haymarket Media
Jul 13, 2006
JER Partners and Formation Capital, LLC, a consortium of investors and senior housing and nursing home operators, has purchased Tandem Health Care, Inc., for an estimated $620 million.
The Department of Housing and Urban Development has cleared the way for the submission of a healthcare refinancing package worth approximately $1 billion. Properties in the portfolio are part of the former...
Kindred sues Ventas in rent flap
By
McKnight's Staff
Jul 10, 2006
Nursing home chain Kindred Healthcare Inc. has sued its main landlord, Ventas Inc., in New York State Supreme Court in an increasingly messy scrap over proposed rent increases.