Wells Fargo Capital Finance announced that it acted as administrative agent on four deals totaling $140 million for healthcare companies.
Ventas to spin off SNF portfolio after hospital chain purchase
By
John Hall
Apr 07, 2015
Just a month after spending $2.9 billion to acquire medical office buildings and senior housing assets, Ventas announced Monday it will spin off its skilled nursing facility portfolio following the new...
How to do it… Resident security.
By
John Hall
Apr 06, 2015
All of the bells and whistles in the world won’t protect your staff and residents unless you spend the proper time and resources beforehand preparing for a new security system. Transitions from old...
FDA approves first biosimilar treatment
By
Elizabeth Newman
Apr 06, 2015
The Food and Drug Administration approved its first biosimilar product in March, opening the door for more costly drug alternatives.
Sebelius: Future payments to operators will increasingly target care, accountability and savings
By
John O'Connor
Apr 02, 2015
Providers can kiss fee-for-service payments goodbye, says Kathleen Sebelius. The former health official spoke Wednesday at the NIC 2015 Capital & Business Strategies Forum in San Diego.
SNF agrees to pay $1.2M to settle rehab claims
By
Elizabeth Newman
Apr 01, 2015
A Maine skilled nursing facility has agreed to pay $1.2 million to the federal government to settle allegations it did not prevent RehabCare Group East Inc. from providing unnecessary therapy.
SmartLinx Solutions chosen by NC senior living group
Mar 31, 2015
Meridian Senior Living in North Carolina has chosen SmartLinx Solutions LLC for its workforce management needs.
Concentra sold to MJ Acquisition
Mar 31, 2015
Select Medical Holdings Corp., which operates outpatient rehabilitation clinics and specialty hospitals, and Welsh, Carson, Anderson & Stowe XII, L.P., a private equity fund, have agreed to buy Humana...
False Claims Act suit could affect CMS overpayment rule
By
John Hall
Mar 30, 2015
A complex argument over how to identify Medicaid overpayments could be why the Centers for Medicare & Medicaid Services postponed its pending rule on waiting periods for overpayment resolution, a Washington,...
NIC spring meeting attracts lenders, providers
Mar 26, 2015
The NIC 2015 Capital & Business Strategies forum takes place Tuesday through Thursday in San Diego, with keynote speakers including Kathleen Sebelius, Katy Fike and Bruce Chernof.