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...
Omnicare: New rules are not likely to harm the business
By
John O'Connor
Nov 01, 2011
The nation’s largest institutional pharmacy vendor does not expect proposed drug handling rules to adversely affect its business, even though they likely will increase drug-delivery costs.
Many boomers not ready to make seniors housing move
By
John O'Connor
Feb 01, 2015
Seniors housing companies prepping for baby boomers may encounter prospects who are largely unwilling and unable to relocate.
New Wisconsin data network breaking through old barriers
By
John O'Connor
Oct 01, 2013
In what may be a sign of things to come, Wisconsin nursing homes, hospitals and other providers will soon have the ability to exchange patient information with a database operated by a nonprofit organization.
Newly unveiled artificial leg uses mind control to function
By
John O'Connor
Nov 01, 2013
Nursing home residents with an amputated leg might soon gain new walking independence, thanks to a motorcycle accident victim and researchers at the Rehabilitation Institute of Chicago.
Omnicare extends PharMerica buy offer
By
John O'Connor
Jan 03, 2012
Pharmacy giant Omnicare announced that it was extending to Jan. 20 its offer to purchase all outstanding shares of rival PharMerica for $15 per share. The original offer had been scheduled to expire in...
Nonprofits need to examine core services, says chairman
By
John O'Connor
Dec 01, 2014
Nonprofit long-term care providers must work together to address alarming trends, or their market share could plummet, LeadingAge Chairman David Gehm told association members.
Supreme indifference
By
John O'Connor
Aug 01, 2014
It has been said that we are the residue of our choices. If that’s true, what should we make of the Supreme Court these days?