Dealmaker’s Handbook offers latest insights into capital availability
Sep 07, 2011
A special supplement analyzing capital availability in the seniors housing field appears in the September issue of McKnight’s Long-Term Care News. Stories reveal where capital can be found, as well...
PharMerica serves bidder a poison pill
Aug 31, 2011
Just days after rejecting a $456 million purchase offer, the board at PharMerica Corp. adopted a poison-pill defense. The measure is intended to prevent Omnicare Inc. from obtaining control of PharMerica...
PointRight develops new Medicaid case mix management tool with Zimmet
By
Steven Littlehale
Aug 03, 2011
PointRight Inc. announced the development of CMI Now. This comprehensive Medicaid Case Mix Index management tool helps post-acute providers in New York and New Jersey better monitor and manage their Medicaid...
Zenith 9000 bed is now available
Jul 20, 2011
Basic American Medical Products, a division of GF Health Products Inc., has unveiled its Zenith 9000 Long Term Care Bed. The bed is designed and manufactured in the United States. Features include a seven...
KCI to be bought for $5 billion
Jul 20, 2011
Kinetic Concepts Inc. has agreed to a $5 billion cash buyout from a consortium that includes Apax Partners and two leading Canadian pension funds. KCI makes medical devices and other wound care products....
HCS Software announces HIPAA 5010 approval for Interactant
Jul 12, 2011
Health Care Software Inc. (HCS) announced that its Interactant software product is 5010 certified to meet the upcoming mandates issued by the government to move from HIPAA 4010 to HIPAA 5010 by Jan. 1,...
FDA approves medicine for treatment of deep vein thrombosis
Jul 06, 2011
The Food and Drug Administration has approved Janssen Pharmaceuticals, Inc.’s Xarelto (rivaroxaban ). Xarelto is intended for the treatment of deep vein thrombosis (DVT). If all or part of a DVT...
Medline showcasing infection control products at APIC conference
Jun 29, 2011
Medline Industries Inc. is showcasing innovative infection prevention products during this week’s APIC conference in Baltimore. These include Bioguard barrier dressings. These dressings contain a...
Novo Nordisk to pay more than $26 million to settle cases
Jun 15, 2011
Novo Nordisk Inc. announced it will pay $26.7 million to settle a pair of whistleblower cases related to marketing practices. The cases allege efforts to promote off-label uses of the anti-bleeding medication...
Insurers try new tack for breathing life into long-term care policies
Jun 15, 2011
In an effort to boost long-term care insurance policy sales, more companies have begun selling combination products that also include traditional life insurance. These hybrid policies are usually built...