Nursing home occupancy, absorption rates dip further
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Jan 07, 2016
Rent growth was up slightly but numbers otherwise were generally dim for nursing home market indicators in the fourth quarter of 2015. The occupancy rate for skilled nursing facilities decreased 0.1% during...
ManorCare, HCP Inc. sued
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Jul 04, 2016
HCP ignored fraud and misled investors about the performance of ManorCare, its skilled nursing portfolio, according to a class action filed in May.
Genesis will acquire 24 SNFs in $240 million Revera deal
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Aug 05, 2015
Genesis Healthcare will acquire 24 skilled nursing facilities from Revera Inc., as part of a $240 million portfolio.
Hospital will face trial after allegedly firing workers who refused flu shot
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Aug 10, 2017
A North Carolina hospital will have to go to trial over accusations it terminated employees who refused to take a flu shot based on religious grounds. The provider’s motion to have the case dismissed...
Kindred, RehabCare settle False Claims allegations for $125 million
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Jan 13, 2016
Kindred Healthcare Inc. and its subsidiary RehabCare Group Inc. have agreed to pay $125 million to settle a whistleblower lawsuit on Medicare therapy claim overbilling.
EEOC sues nursing home after it fires pregnant, disabled worker
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Jul 09, 2015
A South Carolina skilled nursing facility fired an employee because of her disability and pregnancy, according to a lawsuit filed by the U.S. Equal Employment Opportunity Commission.
Kickback allegations against North American Health Care CEO ‘plausibly supported,’ court...
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Nov 17, 2015
A lawsuit alleging that the CEO of North American Health Care Inc. personally oversaw a kickback scheme will continue, despite his motion to have the case dismissed, a federal court ruled last week.
SNF reaches $50k settlement in disability discrimination suit
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Jan 29, 2016
A South Carolina skilled nursing facility has agreed to pay $50,000 to settle claims that it fired a licensed practical nurse due to a disability that complicated her pregnancy.
Ventas done with spin-off
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Oct 05, 2015
Ventas Inc. announced it has completed the spin-off of the majority of its post-acute and skilled nursing facility portfolio into an independent, publicly traded REIT.
HCP closes on SNF spin-off
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Dec 06, 2016
HCP Inc. completed its previously announced spin-off of its troubled HCR ManorCare skilled nursing and assisted living portfolio into a new real estate investment trust on Oct. 31.