REITs continue buying binge, with smaller deals on the rise
By
Elizabeth Newman
Dec 01, 2011
Despite the slow creep back toward traditional bank financing, real estate investment trusts (REITS) continued their buying sprees this fall.
Clearing the air
By
Julie Williamson
Dec 01, 2011
Indoor air can be 1,000 times more polluted than outdoor air in some facilities. Here’s what providers should know about HVAC, water infiltration and renovations.
Agreement declared void in dementia case
By
Elizabeth Newman
Dec 01, 2011
A U.S. Court of Appeals has agreed that an arbitration agreement signed by a nursing home resident with dementia is void.
Proventix’s nGage hits new milestone
Nov 29, 2011
Proventix Systems Inc. announced its nGage system has become the nation’s most widely adopted healthcare hand hygiene monitoring system. The product has recorded more than 4 million total hand cleansings....
Assisted living manager pleads guilty to a Medicare fraud and kickback scheme
Nov 18, 2011
In the latest fallout from a massive Medicare fraud kickback scheme in Florida, an assisted living manager has admitted he referred residents in exchange for money.
Stocks of nursing home REITs drop; analysts blame investor ‘over-reaction’
Nov 17, 2011
Stocks of the real estate investment trusts that serve nursing homes have been on a downward slide since July’s announcement of a $3.87 billion cut in Medicare reimbursements.
Partnership gives PointRight access to California providers
Nov 15, 2011
PointRight Inc. announced a partnership with the California Association of Health Facilities. This collaboration will give CAHF members access to data analytics. PointRight will gain exposure to operators...
HCP agrees to $125 million settlement with Ventas
Nov 10, 2011
HCP Inc. will pay $125 million to settle a lawsuit filed by fellow real estate investment trust Ventas, on top of HCP’s recent $102.8 million payment to Ventas for compensatory damages.
HCR ManorCare disputes profit report, wants $91.5 million negligence award lowered or tossed
Nov 08, 2011
Errors made during a nursing home negligence trial have prompted an attorney for HCR ManorCare to ask a judge to grant a new trial, lower the initial award or toss the case entirely.
Not settling for one path
By
John Hall
Nov 01, 2011
If you ever find yourself in the company of Joe Steier, you might get lucky and be treated to a delicious meal at Bearno’s, a Louisville, KY, favorite among locals for decades.