Nursing home clown robber pleads guilty to armed robbery
By
McKnight's Staff
Aug 09, 2012
The West Virginia woman who robbed a nursing home at gunpoint back in May while dressed as a clown pleaded guilty this week.
Omnicare shows second quarter profit
By
McKnight's Staff
Aug 01, 2012
Omnicare Inc. turned a profit in the second quarter, according to a statement from the nursing home pharmacy giant. Omnicare earned $18.7 million, or 17 cents per share, for the three months ended June...
Genesis facilitates Sun set with multimillion dollar deal
By
Elizabeth Newman
Aug 01, 2012
Genesis HealthCare agreed in June to purchase rival Sun Healthcare Group in a transaction that should close the second half of 2012.
Experimental Alzheimer’s drug fails to deliver in closely watched clinical trial
By
McKnight's Staff
Jul 25, 2012
Alzheimer’s researchers met with disappointment Monday when officials from Pfizer announced that the experimental drug bapineuzumab failed to improve dementia symptoms in a Phase 3 trial.
Protective gene mutation gives hope to Alzheimer’s drug development
By
McKnight's Staff
Jul 16, 2012
Alzheimer’s researchers got a huge boost last week with the publication of a study showing that a rare genetic mutation prevents the buildup of beta amyloid in the brain.
FDA user fees legislation signed into law
Jul 11, 2012
President Obama signed the Food and Drug Administration user fees bill into law on Monday. The measure reauthorizes user fees paid by medical device and drug companies and creates new user fee programs...
Congress asks GAO to investigate Medicare and Medicaid antifraud contractors
Jun 27, 2012
Following a series of troubling reports about the success rate of antifraud contractors, lawmakers are asking the Government Accountability Office to study Medicare and Medicaid audit programs.
Genesis acquires Sun
Jun 22, 2012
Under terms of the agreement, Genesis will acquire Sun for $8.50 per share of common stock in cash. Following the announcement, Sun shares leaped Thursday.
Alleged gun-toting clown indicted
By
McKnight's Staff
Jun 20, 2012
The latest act in an ongoing circus around a gun-toting clown who robbed a nursing home played out in federal court Tuesday.
Savings abound when LTC administrators and pharmacists work together, experts stress
By
McKnight's Staff
Jun 13, 2012
As providers struggle to operate on increasingly thin margins, close collaboration between nursing home administrators and consultant pharmacists is becoming more important, industry experts said Tuesday.