The federal government is planning to stockpile COVID-19 antibody drugs in an effort to ensure treatment availability while the country awaits a vaccine.
HealthDirect Pharmacy Services adds Family Pharmacy Services to portfolio
By
Kimberly Marselas
Oct 13, 2020
HealthDirect Pharmacy Services has acquired Family Pharmacy Healthcare, its 26th long-term care pharmacy location. The 43-year-old Family pharmacy includes the long-term pharmacy business and a single...
KARE hires Steph Kolbo as chief growth officer
By
Kimberly Bonvissuto
Oct 13, 2020
Steph Kolbo has been hired as chief growth officer of KARE, a digital labor marketplace for post-acute and senior care. Kolbo will join KARE after a decade at NRC Health, a healthcare customer intelligence...
Remdesivir effective against COVID-19, researchers conclude
By
Alicia Lasek
Oct 13, 2020
Intravenous remdesivir shortens recovery time and reduces mortality in hospitalized patients when compared to placebo, according to final trial data from NIAID. No other antiviral has yet been confirmed...
Providers plea for support after Trump nixes COVID-19 relief talks
By
Danielle Brown
Oct 08, 2020
President Trump’s abrupt decision to halt negotiations between his staff and federal lawmakers on another COVID-19 relief bill until after the election could mean doom for residents and workers at long-term...
Conk appointed administrator at new Orchards Health Center
By
Kimberly Marselas
Oct 07, 2020
Kelly Conk has been named administrator of the new Orchards Health Center in Rancho Mission Viejo, CA. The community is scheduled to open this month with 58 assisted living apartments and 1 20-bed memory...
Parkinson, former CMS chief agree: ‘Nightmare’ COVID-19 a chance for providers to learn, improve
By
James M. Berklan
Oct 07, 2020
COVID-19 has been a “clinical nightmare and a business disaster” but also can be an outstanding learning opportunity, leaders said Tuesday.
‘It’s all about a vaccine,’ says top senior care economist Mace
By
James M. Berklan
Oct 06, 2020
As soon as some stability can be achieved battling the coronavirus, the senior care and housing industry will still be a good bet for investors, said the top economist for the National Investment Center...
Also in the News for Tuesday, Oct. 6
Oct 06, 2020
Welltower appoints new CEO, announces sale of three portfolios … Wisconsin investigating at least 145 nursing homes for COVID-19 cases … Supreme Court refuses to hear Hollywood Hills nursing home’s...
McKnight’s 40 for 40: Arnold Whitman
By
James M. Berklan
Oct 05, 2020
Arnold Whitman is a towering figure, both figuratively and literally, in the world of skilled nursing and senior living investing. The founder, president and CEO of Formation Capital has become as well-known...