Healthcare REIT buying spree grabs Sunrise Senior Living
By
Elizabeth Newman
Oct 01, 2012
Health Care REIT Inc. will acquire Sunrise Senior Living for $844.6 million in cash, creating a mammoth senior living company that will send ripples through the sector.
Therapy lawsuit advances in federal court; debate persists
By
Elizabeth Newman
Apr 02, 2012
A former Aegis occupational therapy assistant can move forward with a lawsuit over what she says were fraudulent therapy claims.
Court upholds big damages award to Ventas in HCP case
By
Elizabeth Newman
Jul 01, 2011
Ventas has once again won a legal victory, with a federal appeals court upholding a $101.6 million damages award in its favor against HCP Inc.
CDR investing big with Drive DeVilbiss
By
Elizabeth Newman
Oct 01, 2016
As expected, Clayton, Dubilier & Rice announced in August that it would make a significant equity investment alongside existing management in Drive DeVilbiss Healthcare. Terms of the transaction, which...
Ventas acquires buildings; stockholder to sell off stake
By
Elizabeth Newman
Feb 01, 2012
The agreement means holders of shares of Cogdell common stock will receive $4.25 per share. This represents a premium of 8% to Cogdell’s closing price on Dec. 23, 2011, and 13% to the average closing...
Nursing home workers sue over insurance
By
Elizabeth Newman
May 01, 2012
Two former nursing home employees may be headed to trial over what they say is their previous employer’s failure to pay into a group health plan.
DOJ joins Omnicare lawsuit over alleged Abbott Depakote kickbacks
By
Elizabeth Newman
Dec 31, 2014
The Justice Department has filed a False Claims Act complaint against Omnicare Inc., alleging the pharmaceutical giant received millions in kickbacks from Abbott Laboratories over a 10-year period.
Major investor leaves HCR ManorCare: Report
By
Elizabeth Newman
Jun 13, 2017
Private equity and investment firm Carlyle Group is letting go of HCR ManorCare, one of the nation’s largest nursing home chains, according to the New York Post.
naviHealth acquires RightCare Solutions
By
Elizabeth Newman
Feb 04, 2016
naviHealth, an awardee convener under Medicare’s Bundled Payments for Care Improvement Initiative, has acquired RightCare Solutions Inc., which has developed a hospital discharge planning software...
Welch Allyn acquisition aids Hill-Rom’s product footprint
By
Elizabeth Newman
Aug 05, 2015
Reflecting the trend of consolidation among long-term care medical device vendors, Hill-Rom Holdings Inc. announced it is buying New York-based Welch Allyn for $2.05 billion.