Gemino announces $8M line of credit to CA facility
Jun 03, 2014
Gemino Healthcare Finance announced it will provide an $8 million secured revolving line of credit to Providence Group, Inc. The credit will be used to pay off debt and for working capital purposes.
Could documentation relief be coming soon?
By
James M. Berklan
Oct 06, 2017
Long-term care professionals know a lot. At the top of the list has to be that you are saddled with too many tasks, many of them documentation-related.
Nursing home stocks rise on positive outlook of proposed Medicare rule
May 05, 2008
Nursing home company shares rose on Friday following the release of a proposed government rule to cut Medicare funding in fiscal year 2009 by a net $60 million.
Kindred renews leases with Ventas as profits tumble
By
Haymarket Media
May 01, 2007
Louisville-based Ventas Inc. and Kindred Healthcare Inc. said April 30 they agreed to renew the terms of a lease agreement on 64 facilities owned by Ventas, according to announcements from both companies.
Kickback allegations against North American Health Care CEO ‘plausibly supported,’ court...
By
Nov 17, 2015
A lawsuit alleging that the CEO of North American Health Care Inc. personally oversaw a kickback scheme will continue, despite his motion to have the case dismissed, a federal court ruled last week.
NIA set to build $300M ‘real world’ Alzheimer’s database
By
Alicia Lasek
Apr 06, 2023
The goal is to collect real-world data on Alzheimer’s disease and create a centralized data hub, helping to expand and speed Alzheimer’s research.
U.S. court upholds decision on nixing union election rule
By
Elizabeth Newman
Sep 01, 2012
A federal trial court has upheld a blow to a National Labor Relations Board rule on union elections.
Naughty or nice, residents vow to make 2018 worth living
By
Kimberly Marselas
Jan 17, 2018
A fresh year means reason to celebrate for residents of the Los Angeles Jewish Home.
Kindred buys Ventas facilities for $700M, plans for skilled nursing exit in 2017
By
Emily Mongan
Nov 15, 2016
Kindred Healthcare Inc. plans to purchase 36 skilled nursing facilities from Ventas Inc. for $700 million as part of its plan to exit the skilled nursing sector, the operator announced on Monday.
Provider wins False Claims decision, now must face claims that it retaliated against whistleblower
By
Marty Stempniak
Feb 04, 2019
A Tennessee provider must still face claims that it retaliating against a whistleblower, despite a judge tossing those original claims.