Kindred spends $700M with Ventas to ready for SNF exit
By
Jan 06, 2017
Kindred Healthcare Inc. has entered into an agreement to purchase 36 skilled nursing facilities from Ventas ahead of its exit from the skilled nursing sector, the provider announced in November.
Trump’s CMS pick can expect tough choices: predecessors
By
James M. Berklan
Jan 06, 2017
President-elect Donald Trump’s choice to run the Centers for Medicare & Medicaid Services, Seema Verma, was praised by providers. But she will face tough choices immediately, a previous CMS administrator...
Hearing aid company promotes devices
Jan 04, 2017
iHEAR Medical Inc. is offering advanced hearing solutions featuring high quality sound, the company said.
Senior Living Investment Brokerage arranges sale of Illinois facility
Jan 04, 2017
Woodridge Supportive Living in Pontiac, IL, which was created as an alternative to skilled nursing for seniors, has been sold to an assisted living and memory care provider.
Landlord’s plans to turn SNF into condos led to residents’ deaths, lawsuit claims
By
Dec 22, 2016
An embattled New York nursing home operator is facing a lawsuit that claims its “fraudulent” pattern of purchasing nursing homes with the intent to flip them into condominiums led to some residents’...
Television companion launched
Dec 20, 2016
Independa Inc. has announced the launch of the Independa AnyTV Companion™.
Drug maker to pay $38 million to settle kickback claims involving Alzheimer’s drug
By
Dec 19, 2016
A New York-based pharmaceutical company will pay $38 million to settle allegations that it paid kickbacks to doctors to prescribe medications, including the Alzheimer’s drug Namenda, the Department...
Skilled care occupancy may have peaked for 2016, third quarter NIC report shows
By
Dec 19, 2016
Skilled nursing facility occupancy reached 82.5% in the third quarter of 2016, a rate that is unlikely to reach any higher in the remainder of the calendar year, a new report from the National Investment...
SNFs lose appeal in Medicaid case that lessens reimbursements
By
Dec 16, 2016
A group of Pennsylvania nursing homes lost their court battle this week over an amendment to their state’s Medicaid plan that cut their reimbursements.
New state law would require anti-abortion messaging in nursing home bathrooms
By
Dec 14, 2016
Oklahoma nursing homes will be required to post anti-abortion signs in their public bathrooms by 2018 under a new law.