An independent review panel charged with investigating allegations of financial wrongdoing at Sunrise Senior Living Inc. failed to find any illegal activity, the company disclosed.
Manganos’ verdict hardly a bright shining moment
By
James M. Berklan
Oct 01, 2007
Exactly six months ago in this space I wrote that the trial of Sal and Mabel Mangano could turn out to be an excellent opportunity for them, and nursing homes in general, to shine. Dire circumstances often...
Housing market fear doesn’t affect long-term care confidence
By
Liza Berger
Oct 01, 2007
While the rest of the housing market is gripped by credit fears, those in long-term care are staying confident.
Transportation options for long-term care residents are plentiful
By
John Andrews
Oct 01, 2007
When it comes to getting around, the choices for long-term care residents and caregivers have never been better.
Settlement reached in Hurricane Rita-related bus fire
By
Haymarket Media
Sep 27, 2007
The families of all 23 nursing home patients who died when their bus caught fire in the aftermath of Hurricane Rita have announced they have settled lawsuits with care provider Sunrise Senior Living Services...
Union decries Manor Care purchase
By
Haymarket Media
Sep 21, 2007
The Service Employees International Union is protesting the acquisition of nursing home chain Manor Care Inc. by the Carlyle Group. It fears the $6.3 billion buyout will lead to layoffs and cuts in benefits...
Sunrise could face NYSE delisting
By
Haymarket Media
Sep 19, 2007
The New York Stock Exchange has put Sunrise Senior Living Inc. on notice: It will be delisted from the exchange unless it releases its yearly earnings report.
Sunrise settles lawsuit, names new CFO
By
Haymarket Media
Sep 17, 2007
Assisted living giant Sunrise Senior Living Inc. recently settled a lawsuit filed by Millenco, a New York-based broker-dealer, regarding the day of its annual shareholders’ meeting.
Popular Alzheimer’s drug going generic
By
Haymarket Media
Sep 04, 2007
The U.S. Food and Drug Administration has provided tentative approval to Ranbaxy Pharmaceuticals Inc. to make and market the generic version of dementia treatment Razadyne.
Salaries increase for DONs, administrators
By
James M. Berklan
Sep 01, 2007
Good nursing leaders are a hot commodity – at least if the most recently compiled salary findings are to be believed.