Extendicare subsidiary sale to lead to biggest U.S. long-term care GPO
Dec 21, 2011
Navigator Group Purchasing, a subsidiary of Managed Health Care Associates, has reached an agreement with Extendicare Health Services Inc. to purchase its group purchasing subsidiary, UHF/Star Purchasing...
Sunrise makes profit in third quarter
Nov 04, 2010
Sunrise Senior Living Inc. returned to the black in the third quarter with net income of about $19 million. That compares to a loss of $44 million in the same period last year.
StoneGate Senior Living announces program partnership
Sep 06, 2017
StoneGate Senior Living said it is partnering with ARKRAY USA Inc. and the Diabetes Store for a new Diabetes Management program.
Sunrise shareholders show disapproval at meeting
By
Haymarket Media
Oct 29, 2007
Sunrise Senior Living Inc.’s recent shareholder meeting revealed stockholders’ desire for more corporate governance.
Manor Care shareholders vote for $6.3 billion takeover
By
Haymarket Media
Oct 18, 2007
Shareholders of Manor Care Inc. Wednesday approved the $6.3 billion takeover of the nursing home chain by The Carlyle Group.
Genesis spends $240M on SNF portfolio
By
Holly Petrovich
Jun 16, 2015
Genesis HealthCare announced Monday it will acquire 24 of Revera Inc.’s skilled nursing facilities and rehabilitation business for $240 million.
Patient handling equipment market expected to rise to $23.4B
Aug 23, 2016
Reflecting an increase in demand for slings, lifts and powered electric wheelchairs, the patient handling equipment market is expected to hit $23.4 billion by 2024, according to a new report by Grand View...
Vocollect, American HealthTech create alliance
Oct 07, 2009
The technology companies Vocollect Healthcare Systems Inc. and American HealthTech Inc. have formed an alliance to help long-term care clients develop more unified electronic medical records. The systems...
Ontario court rules for Ventas in deal to buy Sunrise REIT
By
Haymarket Media
Mar 07, 2007
Ventas Inc. said that it is looking forward to closing its deal with Sunrise Senior Living Real Estate Investment Trust after an Ontario court ruled against a rival bidder.
Court: ‘Elegant theory’ not good enough
By
John O'Connor
Feb 01, 2011
Omnicare Inc. will need more than an elegant theory if it hopes to gain an antitrust ruling against UnitedHealth Group, an appellate court in Chicago recently ruled.