Kindred Healthcare Inc., which operated more than 200 nursing homes less than a decade ago, is pulling the plug on its skilled nursing facilities.
BREAKING: Hager steps down as Genesis CEO, replaced by Board Chair Fish
By
James M. Berklan
Jan 05, 2021
Beleaguered post-acute care giant Genesis HealthCare announced this morning that 17-year CEO George V. Hager Jr. is retiring from his posts as CEO and company director.
DOJ charges former owner of bankrupt Skyline chain with 22 tax fraud, evasion counts worth $29 million
By
James M. Berklan
Jan 21, 2022
Former nursing home chain owner Joseph Schwartz was taken into custody Thursday afternoon to face more than 20 federal labor and income tax-related fraud charges, according to authorities.
Therapy buck stops at SNF
By
James M. Berklan
Oct 01, 2014
A legal settlement involving two long-term care companies accused of not sufficiently controlling their contracted therapy provider’s billing practices has created anxieties among skilled nursing...
DOJ forces observation stay showdown
By
James M. Berklan
Sep 01, 2014
Hospitals have been cast in a harsh light by long-term care advocates recently for allegedly over-using “observation stay” status. The practice can ultimately deny some patients subsequent...
Family wins camera case
By
James M. Berklan
Jul 06, 2017
The Minnesota Department of Health ruled against a provider recently in a closely watched case involving a surveillance camera in a resident room.
Battle over Beverly leads to showdown
By
James M. Berklan
Mar 04, 2005
Spurned by the rejection of its $1.5 billion bid for Beverly Enterprises Inc., a powerful group of investors is attempting a hostile take over of the nursing home giant.
Formation Capital LLC Chief Executive...
Trump’s CMS pick can expect tough choices: predecessors
By
James M. Berklan
Jan 06, 2017
President-elect Donald Trump’s choice to run the Centers for Medicare & Medicaid Services, Seema Verma, was praised by providers. But she will face tough choices immediately, a previous CMS administrator...
Ensign Group touts record earnings, announces spin-off date
By
James M. Berklan
Aug 04, 2019
The Ensign Group Inc. roared during the second quarter, registering year-over-year record diluted earnings of $0.51 per share, a 27.8% increase in adjusted net income and a 272-basis point rise in skilled...
Also in the News for Wednesday, March 29
By
James M. Berklan
Mar 29, 2023
NC becomes 40th state to expand Medicaid … Congressman’s bill would crack down on Medicare fraud … Antibiotics unlikely to cut deaths in viral infections: study … Life expectancy bounces back...