Computer Programs and Systems Inc. has completed its purchase of Healthland Holding for around $250 million. Healthland is the parent company of American HealthTech. and Rycan Technologies Inc.
SNF reaches $50k settlement in disability discrimination suit
By
Jan 29, 2016
A South Carolina skilled nursing facility has agreed to pay $50,000 to settle claims that it fired a licensed practical nurse due to a disability that complicated her pregnancy.
Sharpen Medicaid Integrity auditing, OIG advises
By
McKnight's Staff
Mar 23, 2012
Medicaid Integrity Contractors failed to find overpayments in the majority of their audits for the first half of 2010, leading the Office of Inspector General to recommend that the Centers for Medicare...
Clinical briefs for Friday, Dec. 9
By
Alicia Lasek
Dec 09, 2022
Next health emergency to reveal impact of patient visitor law … $11M NIH grant to support evaluation of Alzheimer’s screening tool in primary care … COVID rebound uncommon among patients treated...
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...
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.