Owner pleads guilty to $4.2 million bilking scheme
By
Haymarket Media
Nov 21, 2006
The former owner of more than 50 nursing homes in Texas and several other states pleaded guilty to Medicaid and Medicare fraud to the tune of approximately $4.2 million, according to an announcement from...
Ventas done with spin-off
By
Oct 05, 2015
Ventas Inc. announced it has completed the spin-off of the majority of its post-acute and skilled nursing facility portfolio into an independent, publicly traded REIT.
Manor Care prepping for a sale?
By
Haymarket Media
Apr 12, 2007
The nation’s largest nursing home chain plans to retain investment bank JPMorgan. Manor Care Inc. said the move will help it make better strategic moves in the months ahead. Analysts noted that Manor...
Nursing home stocks rally in wake of Medicare reduction proposal
May 05, 2009
Nursing home operators may be lamenting the government’s proposed Medicare payment cuts, but the stock market has reacted differently. Shares of several publicly traded long-term care chains spiked...
Ziegler announces affiliation between NC retirement organizations
Jun 11, 2014
Ziegler has announced the affiliation between The Board of Trustees of Friends Homes Inc. and the Board of Governors of The Presbyterian Homes Inc., creating the largest not-for-profit continuing care...
RecoverCare and Joerns to merge in June
By
Elizabeth Newman
Jun 01, 2014
RecoverCare LLC will merge with Joerns Healthcare, the companies announced in April.
Kindred sues Ventas in rent flap
By
McKnight's Staff
Jul 10, 2006
Nursing home chain Kindred Healthcare Inc. has sued its main landlord, Ventas Inc., in New York State Supreme Court in an increasingly messy scrap over proposed rent increases.
Intermec to acquire Vocollect
Jan 18, 2011
Intermec Inc. will purchase Vocollect Inc. for $190 million, both firms announced. Vocollect makes AccuNurse, a voice activated software solution in the long-term care sector. Pending regulatory approval,...
AOD recognized as leading software firm
Sep 07, 2010
AOD Software was ranked the largest long-term care software firm in a recent compilation announced by Inc. magazine. AOD came in at number 219 among software firms nationwide. “AOD is an innovative...
Profile: Christopher Christensen – It’s not business as usual
By
Liza Berger
Oct 01, 2010
Christopher Christensen, President and CEO, The Ensign Group Inc.