Sunrise Senior Living has promoted Chris Winkle to its top executive post. The firm’s former COO replaces Penny McIntyre, who had been on the job for less than six months.
New healthcare REIT wasting little time
By
John O'Connor
Sep 10, 2014
A newly formed real estate investment trust out of Nashville has already raised nearly $164 million and made five acquisitions, according to the self-managed and self-administered firm.
New developments buffeting wound company acquisition
By
John O'Connor
Nov 01, 2011
Apax Partners’ planned $6.3 billion leveraged buyout of wound firm Kinetic Concepts Inc. hit another bump at press time. The latest challenge: a debt crisis in Europe is causing havoc with credit...
The BIG picture: Nursing homes are not long-term care’s embarrasing relatives
By
John O'Connor
Apr 01, 2009
When the Senate Special Committee on Aging decided to hold a hearing on future directions for long-term care, it seemed as though the nursing home industry was quickly walked down the stairs.
Clearer package info helps care delivery
By
John O'Connor
Jan 03, 2011
Nurses using wound care dressings with educational instructions attached to the outer package are 88% more likely to apply the products correctly than nurses who used the dressings in a traditional package,...
Approved sensor can reveal whether medicine is taken
By
John O'Connor
Sep 01, 2012
The U.S. Food & Drug Administration has given marketing approval to an ingestible pill that monitors medication adherence. Proteus Digital Health Inc. makes the Ingestion Event Marker (IEM), which was...
Florida jury delivers $1.1 billion verdict
By
John O'Connor
Sep 01, 2013
A Florida jury has awarded $1.1 billion in damages to the family of a former nursing facility resident. The amount is believed to be one of the highest ever leveled against a nursing home.
Wound care firm KCI agrees to be bought for $6.3 billion
By
John O'Connor
Aug 02, 2011
One of the world’s largest wound care companies is about to gain a new owner. At press time, Kinetic Concepts Inc. agreed to be acquired by a consortium put together by Apax Partners, a private equity...
Feds ease auditing reviews, anti-fraud efforts to surge
By
John O'Connor
Dec 01, 2013
Providers likely will embrace House legislation that eases billing reviews for operators deemed a low fraud risk.
New skin-healing findings may benefit LTC residents
By
John O'Connor
Mar 02, 2013
French researchers recently identified the cellular and molecular mechanisms involved in maintaining skin cells and skin healing in advanced years. The discovery could lead to new innovations in wound...