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.
Ventas gets big gain in Q2
By
Elizabeth Newman
Sep 01, 2012
Ventas Inc. posted a huge gain in the second quarter, with revenues up by almost 70% compared to a year go.
The total revenue in the quarter was $616.4 million. A year ago, the revenue was $359.5 million.
New medication reduces respiratory tract infections
By
Elizabeth Newman
May 22, 2019
A phase 2b clinical trial of RTB101, an orally administered drug, was shown to reduce respiratory tract infections in patients over age 65, resTORbio Inc. announced.
Healthcare REIT buying spree grabs Sunrise Senior Living
By
Elizabeth Newman
Oct 01, 2012
Health Care REIT Inc. will acquire Sunrise Senior Living for $844.6 million in cash, creating a mammoth senior living company that will send ripples through the sector.
Therapy lawsuit advances in federal court; debate persists
By
Elizabeth Newman
Apr 02, 2012
A former Aegis occupational therapy assistant can move forward with a lawsuit over what she says were fraudulent therapy claims.
AccentCare acquired
By
Elizabeth Newman
May 22, 2019
Advent International announced it will acquire post-acute healthcare company AccentCare Inc. from private equity firm Oak Hill Capital Partners.
Analytics partnership announced
By
Elizabeth Newman
Mar 26, 2019
CareTrust REIT Inc. and PointRight® have formed a strategic partnership to provide post-acute analytics to CareTrust’s skilled nursing facility portfolio.
Court upholds big damages award to Ventas in HCP case
By
Elizabeth Newman
Jul 01, 2011
Ventas has once again won a legal victory, with a federal appeals court upholding a $101.6 million damages award in its favor against HCP Inc.
CDR investing big with Drive DeVilbiss
By
Elizabeth Newman
Oct 01, 2016
As expected, Clayton, Dubilier & Rice announced in August that it would make a significant equity investment alongside existing management in Drive DeVilbiss Healthcare. Terms of the transaction, which...
Ventas acquires buildings; stockholder to sell off stake
By
Elizabeth Newman
Feb 01, 2012
The agreement means holders of shares of Cogdell common stock will receive $4.25 per share. This represents a premium of 8% to Cogdell’s closing price on Dec. 23, 2011, and 13% to the average closing...