Justice Department investigating Humana billing practices
By
John Hall
Feb 24, 2015
Humana Inc. reports that it is cooperating with a Department of Justice inquiry into whether it exaggerated the severity of elderly patients’ illnesses to generate higher Medicare reimbursements.
OnShift adds Chapman to board
Nov 11, 2014
George Chapman, the former chairman, CEO and president of Health Care REIT Inc. (HCN), has been named to OnShift’s Board of Directors.
Wound case to end with a $280M deal
By
Elizabeth Newman
Aug 01, 2014
Kinetic Concepts Inc. will make $280 million in payments over three years to Wake Forest University Health Services in a legal settlement.
Jeron highlights nurse call system at ASHE
Jul 29, 2014
Jeron Electronic Systems, Inc. is promoting its nurse call platform, Provider® 790, at the ASHE conference in Chicago next week.
CIT arranges revolving credit facility for Ernest Health
Nov 14, 2012
CIT Healthcare has arranged a $20 million senior secured asset-based revolving credit facility for Ernest Health, Inc., one of the nation’s leading operators of inpatient rehabilitation and long-term...
Manor Care going private in mammoth $6.3 billion deal
By
Liza Berger
Aug 08, 2007
Continuing a trend among major long-term care players, Manor Care Inc. has opted to sell itself to a privately held company.
Research organizations team up for large-scale senior fall prevention study
By
McKnight's Staff
Jun 17, 2013
Two research organizations are teaming up for a major study to reduce the number of fall-related injuries among seniors. Provider input is requested.
Granite Investment announces AL buy
Mar 24, 2015
Granite Investment Group has acquired a 48-unit assisted living facility in the Kansas City suburb of Shawnee, KS.
Digital Care Systems unveils low-cost wireless emergency call system
Jan 17, 2012
Digital Care Systems Inc. has introduced a wireless emergency call system that costs $100 per resident room. This new option was designed for communities on a limited budget that need to upgrade an existing...
HCP to spin off troubled HCR ManorCare
By
May 10, 2016
HCP Inc. will spin off HCR ManorCare, its skilled nursing and assisted living portfolio, into an independent real estate investment trust, the company announced Monday.