Completion of Beverly sale could occur by February end
By
Haymarket Media
Dec 20, 2005
The sale of Beverly Enterprises Inc. to Fillmore Capital Partners could be completed as early as the end of this February, according to Beverly’s senior vice president of investor relations and corporate...
Beverly buyer to restructure operations, buy more facilities next year
By
Haymarket Media
Dec 19, 2005
The prospective new owner of Beverly Enterprises Inc. is already looking ahead to new acquisitions. Its top executive said he also plans to fundamentally alter the operating strategy of his new company.
Twenty-five years in the making
By
John O'Connor
Dec 17, 2005
For the past quarter century, we have been keeping readers informed about the events shaping and changing the long-term care field. Here’s an intriguing year-by-year look at some of the major figures...
Kindred buys diverse LTC company for $125 million
By
Liza Berger
Dec 17, 2005
Provider giant Kindred Healthcare Inc. is expanding its portfolio of long-term care offerings with a $125 million acquisition of Commonwealth Communities Holdings LLC and affiliates.
Senate calls for greater scrutiny of quality organizations
By
Haymarket Media
Dec 13, 2005
The Senate Finance Committee is calling for an expanded probe of Quality Improvement Organizations (QIOs), which Medicare pays about $300 million a year to investigate complaints and improve nursing home...
Companies News: REIT will invest $92,000 per bed in 14-facility deal
By
Liza Berger
Nov 30, 2005
One of the country’s largest real estate investment trusts made an acquisition last month that has reverberated throughout the skilled nursing market.
Profile — Resolute ‘family’ man: Paul Diaz, President and CEO, Kindred Healthcare
By
Julie Williamson
Nov 30, 2005
It would certainly seem that Kindred Healthcare is living up to its name. The word “kindred,” which is synonymous with family, is a good fit for a company that has not only opened its arms...
Beverly buyer considers relocating headquarters
By
Haymarket Media
Nov 29, 2005
Fillmore Strategic Investors LLC, the buyer of Beverly Enterprises Inc., is considering moving the nursing home chain’s headquarters from Fort Smith, AR, according to local news reports.
Beverly sale is ‘on’ – but with lower price and new buyer
By
Haymarket Media
Nov 21, 2005
The Beverly sale is still a “go,” but the sale price has dropped 50 cents per share and the buyer has changed. And the door is wide open again to other bidders.
AHCA names Yarwood new president and CEO
By
Haymarket Media
Nov 18, 2005
The nation’s largest nursing home association removed the “acting” label from Bruce Yarwood’s title today, naming him its new president and CEO.