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...
MedAssets to buy Broadlane for $850 million
Sep 14, 2010
Supply chain and software firm MedAssets Inc. announced it will acquire The Broadlane Group for $850 million in cash. MedAssets serves 40,000 non-acute care providers.
Pill Timer helps residents take meds when needed
Sep 14, 2010
Rexam and Med Time Technology, Inc. jointly unveiled “The Pill Timer.” The product lets providers and others program audio and visual alerts to help people properly take their prescription...
Kansas governor to take reins of AHCA in January
Sep 14, 2010
The American Health Care Association has selected Kansas Gov. Mark Parkinson (D) to be its next president and CEO, the association said Monday.
Skilled Healthcare settles understaffing lawsuit for $50 million
Sep 09, 2010
Nursing home giant Skilled Healthcare Group Inc. has agreed to settle a class-action suit alleging understaffing at 22 of its California facilities for $50 million. Terms still must be approved by a judge.
J&J recalling two hip replacement products
Sep 07, 2010
Johnson & Johnson’s artificial joint firm announced a recall of two hip replacement products. Subsidiary DePuy Orthopaedics Inc. said it is recalling the ASR Hip Resurfacing System and the ASR XL...
AOD recognized as leading software firm
Sep 07, 2010
AOD Software was ranked the largest long-term care software firm in a recent compilation announced by Inc. magazine. AOD came in at number 219 among software firms nationwide. “AOD is an innovative...
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....
ATMOS wound therapy systems can be purchased via Direct Supply
Sep 07, 2010
Direct Supply Equipment & Furnishings has announced a unique partnership with ATMOS Inc. Under the arrangement, providers can purchase (rather than rent) ATMOS negative pressure wound therapy systems....
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...