Life Care Centers of America doubles-down on facility-based care, sells home health business for $10...
By
Tim Mullaney
Jul 18, 2014
Life Care Centers of America is shedding its related home health business in a $10 million sale to LHC Group Inc., the company announced.
Silverchair Learning Systems to provide additional therapy courses
Dec 06, 2011
Silverchair Learning Systems announced it has partnered with Dynamic Learning Online Inc. Silverchair’s online Learning Management System will provide Dynamic Learning’s therapy courses, under...
Study to examine whether tech tool aids independence
Jan 13, 2009
Quinnipiac University researchers will attempt to determine whether seniors monitored by Healthsense Inc.’s wireless sensor technology can help seniors stay independent longer. The study will be...
Infection therapeutics market expected to grow
Feb 02, 2016
The hospital infection therapeutics market is expected to grow to $3.6 billion by 2020, which may be good news for long-term care residents in need of treatment.
Ventas seeks nearly $200 million from prestigious law firm for bad counsel
By
Haymarket Media
Aug 05, 2004
Ventas Inc. alleges healthcare real estate company Sullivan & Cromwell committed legal malpractice more than six years ago, and is seeking $186 million from the firm.
Christopher & Dana Reeve Foundation announces NHT grants
Jul 19, 2017
The Christopher & Dana Reeve Foundation has awarded seven grants, for a total of $280,000, to seven Centers for Independent Living as part of its Quality of Life Nursing Home Transition program.
Fourth quarter profits slip by 13% at Kindred
By
Haymarket Media
Feb 28, 2007
Profits at Kindred Healthcare Inc., one of the largest nursing home chains in the United States, fell by 13% for the fourth quarter of 2006 on higher revenues. Pretax charges related to revenue adjustments...
Mariner completes $1.05 billion ‘merger’
By
Haymarket Media
Dec 14, 2004
Mariner Health Care Inc. is now a privately held company after announcing the completion of what is reported to be a $1.05 billion merger with NCARE Acquisition Corp. The acquirer is a wholly owned subsidiary...
Amid ProMedica ouster, advocates question new operator’s qualifications
By
Kimberly Marselas
Nov 30, 2022
Weeks after Welltower announced it plans to transition its ProMedica portfolio to a new operator, consumer advocates and mainstream media are questioning the track record of the selected firm.
‘Hard to imagine occupancy fully recovers’ before hospital volumes: CareTrust execs
By
Danielle Brown
May 10, 2021
A rebound in skilled nursing occupancy will likely come, but only after patient volumes in hospitals return back to normal, according to CareTrust REIT executives.