Bankruptcy court OKs Omega’s plan to offload 23 Orianna properties
By
Kimberly Marselas
May 15, 2018
Omega Healthcare Investors, Inc. announced Monday that a bankruptcy court will allow it to transition 23 of its 42 Orianna facilities to a new operator as part of the company’s restructuring.
Federal lawmakers demand three major senior care chains justify corporate spending
By
Josh Henreckson
May 07, 2024
Congressional leaders demanded insight on the spending policies of three large chains that provide long-term care, casting doubt on their leaders’ claims that they cannot afford to meet the new federal...
Feds decide to give back senior housing funds
By
Haymarket Media
Sep 07, 2004
The Department of Housing and Urban Development is rolling back cuts it had intended for the program that helps the poor pay rent.
Back from the brink
By
John Andrews
Oct 01, 2010
The skilled nursing sector has recovered relatively well from the economic meltdown in 2008. Still, capital is tight and economic soft spots remain
New COVID booster shot rollout expected near Labor Day: officials
By
Alicia Lasek
Aug 25, 2022
The FDA expects to soon authorize omicron-targeting shots. The White House is planning to distribute them as part of a fall vaccination campaign, federal officials say.
Feds want judge to reject Florida operator’s bankruptcy plans
By
Danielle Brown
Apr 19, 2022
A Florida nursing home operator’s bankruptcy plans could be in jeopardy as federal regulators argue that granting the provider protection would prevent residents and their families from pursuing future...
Billion-dollar deals revealing REITs’ massive buying power
By
James M. Berklan
Apr 01, 2011
Two deals that collectively totaled more than $10 billion were announced on the same day recently, further showcasing the new found buying power of real estate investment trusts in long-term care.
Noble Biomaterials renews relationship with KCI Manufacturing
Oct 15, 2013
Noble Biomaterials, Inc. announced it renewed an exclusive strategic relationship with KCI Manufacturing, an affiliate of Kinetic Concepts Inc., for the company’s V.A.C.® GranuFoam Silver® Dressing.
‘Clock is ticking’: House lawmakers urged to include support for long-term care in reconciliation...
By
Danielle Brown
Sep 24, 2021
A proposal to increase Medicaid funding for long-term care providers must be part of the budget reconciliation bill currently being debated by House lawmakers, according to the long-term care advocacy...
Gout guidance highlights treat-to-target drug therapy
By
Alicia Lasek
May 12, 2020
Experts strongly recommend moving away from a fixed-dose approach to urate lowering therapy in updated guidelines for 2020.