Sunrise Senior Living Inc. plans to restate its financial results for the years 1999 through 2005. Earnings are expected to fall by about $100 million for that period.
Profile — Culturally minded: John A. Diffey, president and CEO, The Kendal Corporation
By
McKnight's Staff
Nov 08, 2006
A blind advertisement led John Diffey to his first job in long-term care, but he contends that a professional life in nonprofit human service has been calling him since college and graduate school in the...
Opinion — Editor’s desk: ‘AdvEx’ – it’s time for yet another high quality...
By
James M. Berklan
Nov 08, 2006
Let’s be honest. I wasn’t the only one rolling my eyes or smirking upon hearing there was yet another nursing home “quality” push on its way.
Wandering Care Feature — Exit strategy
By
Liza Berger
Nov 08, 2006
As providers begin to change their perception of elopement, technology is leading to more resident-centered monitoring.
Ventas completes Senior Care acquisition
By
Haymarket Media
Nov 08, 2006
Ventas has completed its acquisition of 64 seniors housing and care facilities valued at $602 million, the healthcare real estate investment trust announced Tuesday.
Jury awards nearly $500,000 in Alzheimer’s neglect case
By
Haymarket Media
Nov 08, 2006
In one of the area’s largest civil judgments awards in the past 20 years, a
Kentucky jury ordered the Lexington nursing home to pay $480,000 in the case of a nursing home resident who was mistreated.
Economists: Medicare cuts could decrease supply of wheelchairs
By
Haymarket Media
Nov 06, 2006
When Medicare trims power-mobility benefits starting Nov. 15, wheelchair suppliers and other related services also will begin to cut back, industry analysts warn.
Kindred third-quarter profits fall by 82%
By
Haymarket Media
Nov 03, 2006
Kindred Healthcare Inc.’s third quarter earnings plummeted. The company attributed it to a slowdown in its hospital business.
Loan volume in seniors housing soars in second quarter
By
Haymarket Media
Nov 01, 2006
Loan volume in the seniors housing and care industry skyrocketed to nearly $1.6 billion in the second quarter of 2006. This increase is one indicator of the strength of the industry, according to the National...
Manor Care profits slip in third quarter, while sales rise
By
Haymarket Media
Oct 27, 2006
Profits fell by 7% in the third quarter for the largest nursing home chain in the country, even as revenues rose by 9%.