Nursing home owner trying to keep people out – for now
By
Haymarket Media
May 14, 2004
Rick Miller has an interesting take on long-term care: He owns numerous nursing homes but is working to keep people out of them – at least until they’re older.
Extendicare reports high first-quarter earnings
By
Haymarket Media
May 11, 2004
Nursing-home operator Extendicare Inc. nearly doubled its first-quarter profits to $28.3 million (Canadian), compared with $17.8 million (Canadian) a year ago, mostly due to a strong performance by its...
Researchers: PPS led to lower staffing, more deficiencies
By
Haymarket Media
May 10, 2004
The Medicare prospective payment system and associated rate cuts for skilled nursing facilities have negatively affected staffing and regulatory compliance, according to researchers. Professional staffing...
Researchers: Trial drug works well for elderly insomniacs
By
Haymarket Media
May 10, 2004
A trial drug, a derivative of an older medicine, has been found to work well on older people who have difficulty sleeping, according to researchers. In addition to creating more sleep at night, the pill...
National HealthCare reports rise in first-quarter earnings
By
Haymarket Media
May 07, 2004
National HealthCare Corp. earnings rose 15% in the first quarter to $3.9 million, compared with $3.4 million in the year ago quarter. The Murfreesboro, TN-based nursing home company reported quarterly...
Report: Permanent debt delinquencies up for senior housing
By
Haymarket Media
Apr 27, 2004
The senior housing industry saw permanent debt delinquencies increase and loan volume drop in the fourth quarter 2003, according to a report released by the National Investment Center for the Seniors Housing...
FDA approves Parkinson’s drug that treats immobility
By
Haymarket Media
Apr 26, 2004
The Food and Drug Administration has approved a preventative drug, Apokyn, to treat Parkinson’s patients with immobility episodes.
National HealthCare appoints CEO Adams’ brother as president
By
Haymarket Media
Apr 23, 2004
National HealthCare Corporation has appointed Robert Adams, brother of Chief Executive Andy Adams, as president of the Murfreesboro, TN-based healthcare company. He will continue also as chief operating...
Extra drug benefits offered for low-income Medicare beneficiaries
By
Haymarket Media
Apr 16, 2004
Drug companies are sweetening the pot for some low-income seniors when it comes to the new Medicare drug discount program set to begin in June. Novartis was the latest to announce, saying Wednesday it...
Organizations refine seniors housing terms
By
Haymarket Media
Apr 15, 2004
“Congregate care” no longer exists as a classification for seniors housing, according to the National Investment Center for the Seniors Housing & Care Industries (NIC) and the American Seniors...