Senior Living Investment Brokerage has represented Presence Life Connections in the sale of two Illinois communities, the firm announced last month. The SNFs were sold for $26.5 million to Health and Home...
An end to our bed bug nightmares?
By
Tim Mullaney
Jan 06, 2015
Of all the scourges that hit nursing homes, there is one that always causes me to shudder. It’s not pressure ulcers or norovirus, C. diff or MRSA. It’s something less dangerous, but that I...
DOJ joins Omnicare lawsuit over alleged Abbott Depakote kickbacks
By
Elizabeth Newman
Dec 31, 2014
The Justice Department has filed a False Claims Act complaint against Omnicare Inc., alleging the pharmaceutical giant received millions in kickbacks from Abbott Laboratories over a 10-year period.
Jeron releases Exception Report
Dec 22, 2014
Jeron Electronic Systems Inc. has released a new Exception Report option in its Provider 790 Executive Information System Software.
Lutheran Crossings chooses American DG Energy
Dec 22, 2014
American DG Energy Inc. announced an agreement to provide an On-Site Utility solution to Lutheran Crossings Enhanced Living in Moorestown, NJ.
GE Capital announces $500 million credit for Brookdale Senior Living
Dec 22, 2014
GE Capital’s Healthcare Financial Services said it has helped arrange a $500 million credit facility for Brookdale Senior Living Inc. HFS is administrative agent and GE Capital Markets is sole lead...
Secondi joins SwimEx
Dec 22, 2014
Paul Secondi has joined the SwimEx Inc. sales team.
10 things to remember in seniors furnishings
By
Dean Maddalena
Dec 19, 2014
If you’ve been to a recent senior living trade show or picked up a magazine geared toward the industry, you’ve probably seen beautiful, elegant furniture that would look right at home in your...
Advanced wound product promotes healing
By
Janice M. Smiell, M.D.
Dec 17, 2014
A new solution may be an option for management of non-infected partial- and full-thickness wounds, including chronic and acute wounds such as diabetic ulcers, pressure ulcers, venous ulcers, chronic vascular...
Judge issues ruling in $1 billion nursing home case, says IL governor’s firm not responsible
By
Tim Mullaney
Dec 17, 2014
A federal bankruptcy judge tentatively ruled that two New York businessmen, and not a private equity firm formerly led by the incoming Illinois governor, are responsible for $1 billion in nursing home...