Investigators rule out electrical bed as source of deadly fire
By
Haymarket Media
Mar 25, 2004
Investigators analyzing causes of the fire at a Nashville nursing home that killed 15 residents last December ruled out the suspected electric bed Wednesday. All mechanical and electrical components of...
Advocat reports modest fourth-quarter earnings
By
Haymarket Media
Mar 24, 2004
Advocat Inc. reported fourth quarter net income of $2.47 million, compared with a $6.5 million loss in the year-earlier quarter. The company showed fourth-quarter revenues of $52.5 million, compared with...
Drug services under scrutiny
By
McKnight's Staff
Mar 22, 2004
As long-term care facilities continue to grapple with controlling the escalating costs of medications for residents, some are finding that drug formularies provide mixed results.
Report: Reverse mortgages may not be the answer for long-term care
By
Haymarket Media
Mar 19, 2004
Linking reverse mortgages with long-term care insurance may not be the answer to solve financial crises, a new report released by Health Strategies, Inc. says.
House subcommittee investigates bribe charges in Medicare bill
By
Haymarket Media
Mar 19, 2004
The House Committee on Standards of Official Conduct has said it will establish a subcommittee to investigate allegations that Rep. Nick Smith (R-MI) was offered a bribe to vote for last year’s Medicare...
Overlooked charges add up
By
Julie Williamson
Mar 09, 2004
With the ongoing concern over limited long-term care resources and dwindling budgets, providers can’t afford to overlook opportunities to maximize reimbursement. Nonetheless, reimbursement specialists...
Glare hits wander monitors
By
James M. Berklan
Mar 09, 2004
Facilities risk harm to residents, costly lawsuits, lack of insurance coverage and bad publicity with insufficient wandering monitoring systems
FDA recalls 850 patient lifts used in nursing homes, hospitals
By
Haymarket Media
Mar 05, 2004
The Food and Drug Administration has recalled all Faaborg model battery-operated patient lifts distributed by Moving Solutions Inc. because a bolt may break and cause a dangerous fall, the agency said...
NIC to deliver market data at local level
By
Haymarket Media
Mar 01, 2004
Data about local conditions in 30 geographic markets will soon be available four times each year from the National Investment Center for the Seniors Housing & Care Industries (NIC), the group announced...
Extendicare’s annual earnings skyrocket
By
Haymarket Media
Feb 23, 2004
Extendicare Health Services, a wholly owned subsidiary of Extendicare Inc., reported a profit of $20.1 million for 2003, up 85% from $3.2 million in 2002. Revenues increased to $843.4 million from $787.4...