Medicaid Integrity Contractors failed to find overpayments in the majority of their audits for the first half of 2010, leading the Office of Inspector General to recommend that the Centers for Medicare...
CPSI completes acquisition of Healthland
Jan 12, 2016
Computer Programs and Systems Inc. has completed its purchase of Healthland Holding for around $250 million. Healthland is the parent company of American HealthTech. and Rycan Technologies Inc.
Owner pleads guilty to $4.2 million bilking scheme
By
Haymarket Media
Nov 21, 2006
The former owner of more than 50 nursing homes in Texas and several other states pleaded guilty to Medicaid and Medicare fraud to the tune of approximately $4.2 million, according to an announcement from...
Manor Care prepping for a sale?
By
Haymarket Media
Apr 12, 2007
The nation’s largest nursing home chain plans to retain investment bank JPMorgan. Manor Care Inc. said the move will help it make better strategic moves in the months ahead. Analysts noted that Manor...
Ventas done with spin-off
By
Oct 05, 2015
Ventas Inc. announced it has completed the spin-off of the majority of its post-acute and skilled nursing facility portfolio into an independent, publicly traded REIT.
Nursing home stocks rally in wake of Medicare reduction proposal
May 05, 2009
Nursing home operators may be lamenting the government’s proposed Medicare payment cuts, but the stock market has reacted differently. Shares of several publicly traded long-term care chains spiked...
Ziegler announces affiliation between NC retirement organizations
Jun 11, 2014
Ziegler has announced the affiliation between The Board of Trustees of Friends Homes Inc. and the Board of Governors of The Presbyterian Homes Inc., creating the largest not-for-profit continuing care...
Aldersgate Healthcare selects new workforce management tool
Jun 07, 2016
Aldersgate Healthcare Inc. has chosen a series of SmartLinx Solutions LLC. products to fulfill its workforce management needs.
Handle glows in dark
By
Elizabeth Newman
Jul 10, 2013
A new handle called Flip A Grip can be installed in a doorway or area where a large grab bar won’t fit. Invented by a physical therapist, the handle has exterior screws and is easy to install, the...
Skilled nursing company Medicalodges faces charges of withholding overtime pay
By
McKnight's Staff
Jun 28, 2013
A former employee of Medicalodges Inc. recently filed a lawsuit against the skilled nursing provider, alleging that the company does not properly compensate workers.