Kindred subsidiary moved non-terminal patients to hospice care, lawsuit claims
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Jul 13, 2017
Kindred Healthcare Inc. affiliate Gentiva allegedly billed Medicare for hospice services unnecessarily, according to a whistleblower lawsuit unsealed on Monday.
Kindred may be eyeing sale along with skilled nursing exit
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Apr 24, 2017
Kindred Healthcare Inc. may be exploring a sale amidst an uncertain future for post-acute care reimbursements, Reuters reported on Friday.
CareTrust spends $96 million to purchase four Texas SNFs
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Feb 05, 2017
CareTrust REIT Inc. acquired a portfolio of four Texas skilled nursing properties for $96 million, the company announced in early December.
Global Healthcare REIT sells SNF in Georgia
Jul 19, 2016
Global Healthcare REIT Inc. closed on a deal to sell a Union Point, GA, facility to Greene County LTC for $3.8 million.
Current LTSS financing methods ‘irrational, unfair’ LeadingAge report claims
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Feb 18, 2016
Current methods for financing long-term services and supports are “unsustainable, irrational and unfair,” according to new research released Wednesday by LeadingAge.
J&J recalling two hip replacement products
Sep 07, 2010
Johnson & Johnson’s artificial joint firm announced a recall of two hip replacement products. Subsidiary DePuy Orthopaedics Inc. said it is recalling the ASR Hip Resurfacing System and the ASR XL...
Amgen pays $25 million to settle whistleblower case over kickbacks to long-term care pharmacies
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McKnight's Staff
Apr 18, 2013
Biotechnology company Amgen will pay $24.9 million in a settlement over whistleblower allegations that the company paid kickbacks to long-term care pharmacies to increase the use of an anemia drug in nursing...
Prevnar 13 gets nod for pneumonia care in senior market
Jan 04, 2012
Pfizer Inc. announced that the Food and Drug Administration approved Prevnar 13 to prevent pneumococcal disease in older adults. The announcement “offers the potential to contribute to the health...
Medline introduces new wound dressings
Oct 01, 2013
Medline Industries Inc. has launched new wound dressings, the Opticell™ and Opticell™ Ag+ with silver.
Packaged dehumidifiers for pools debut
Nov 01, 2017
Seresco USA Inc. has introduced the NE-Series-Outdoor, a series of four- to eight-ton packaged dehumidifiers.