Five Star Quality Care to acquire 100% of LTA Holdings Inc.
By
Haymarket Media
Sep 28, 2004
Five Star Quality Care, Inc. will acquire 100% of the capital stock of LTA Holdings Inc. for $208 million, the company said. FVE expects to close the transaction during the fourth quarter of 2004.
Seeking sprinkler support
Sep 21, 2004
In the wake of deadly tragedies and tougher policies, providers
and advocates are on a quest for fire-fighting funding.
Extendicare Inc.’s Health Services unit will record a third-quarter revenue boost of $4.5 million because of a retroactive Medicaid rate increase.
FDA panel to review drug that prevents vision loss in elderly patients
By
Haymarket Media
Aug 27, 2004
An advisory panel for the FDA today will review findings on Macugen, an experimental drug injected into the eye to prevent vision loss.
Seeing Best case scenarios
By
Haymarket Media
Aug 24, 2004
Thilo Best, chairman, National Investment Center for the Seniors Housing & Care Industries
Flooring getting firm footing
By
Julie Williamson
Aug 24, 2004
When Loveland Good Samaritan Retirement Village decided to replace its worn, outdated vinyl composite tile flooring in the dining room and corridors, the Loveland, CO-based provider knew that examining...
Advocat posts higher earnings in the second quarter
By
Haymarket Media
Aug 16, 2004
Advocat Inc. earned $2.5 million in the second quarter 2004, compared with a loss of $7.8 million in the year-ago quarter. Quarterly revenue increased 6% to $52 million, compared with $49 million in the...
Mariner posts second quarter profits, waits for merger to close
By
Haymarket Media
Aug 11, 2004
Mariner Health Care posted profits of $3.4 million on revenue of $411.8 million in the second quarter of 2004, compared with a loss of $1.7 million on revenue of $425.6 million in the year ago quarter.
National HealthCare earnings rise slightly in second quarter
By
Haymarket Media
Aug 11, 2004
National HealthCare Corp. earnings rose slightly to $4.8 million in the second quarter on revenue of $123 million, compared with $4.7 million on revenue of $116 million.
Ventas seeks nearly $200 million from prestigious law firm for bad counsel
By
Haymarket Media
Aug 05, 2004
Ventas Inc. alleges healthcare real estate company Sullivan & Cromwell committed legal malpractice more than six years ago, and is seeking $186 million from the firm.