Manor Care profits fall 32% to $32 million in fourth quarter
By
Haymarket Media
Feb 03, 2006
Manor Care Inc.’s earnings nosedived in the fourth quarter, largely due to debt refinancing, hurricane-related losses and a higher tax rate.
Seniors housing grows, but nursing home industry lags other sectors in occupancy
By
Haymarket Media
Jan 24, 2006
The seniors housing and care industry showed signs of stability and growth in the third quarter of 2005, according to the National Investment Center for the Seniors Housing & Care Industry. But broken...
A man of patience… Bruce Yarwood, president and CEO, AHCA
By
John Andrews
Jan 13, 2006
As Bruce Yarwood prepared to leave his native California 17 years ago for life as a lobbyist with the American Health Care Association in the nation’s capital, a close friend told him to temper expectations...
Beverly buyer: No break-up, and we’ll buy more next year
By
Liza Berger
Jan 13, 2006
Even before he takes the reins, the new owner of Beverly Enterprises Inc. is looking ahead to more acquisitions in long-term care, including one that is as “sizeable” as the Beverly purchase...
Information Technology Feature: The IT payback
By
Liza Berger
Jan 13, 2006
Providers are starting to grasp the financial benefits of information technology, from labor savings to more MDS-generated revenues.
Design Feature: ‘Home’ stretch
By
James M. Berklan
Jan 13, 2006
Trying to create the ever-evolving ‘homelike’ environment has taught long-term care operators a lot over the years.
Business and Marketing: How to do it… Managing falls
By
Haymarket Media
Jan 13, 2006
Acknowledging that all falls cannot be prevented, experts push for better management of fall risks. One source estimates that each fall costs about $19,000 in extra care. A facility can save mightily –...
Kindred to purchase four long-term care hospitals for $80 million
By
Haymarket Media
Jan 09, 2006
Kindred Healthcare Inc. agreed to purchase four long-term care acute-care hospitals in Massachusetts from Health Care REIT Inc. for about $80 million.
Beverly shareholders to hold sale vote on Valentine’s Day
By
Haymarket Media
Jan 04, 2006
Shareholders of Beverly Enterprises Inc. will vote on the proposed sale of the company Feb. 14.
Georgia nursing home to pay $2.5 million settlement
By
Haymarket Media
Jan 04, 2006
A Georgia nursing home has agreed to pay $2.5 million to resolve allegations of misuse of government funds.