David Saunders II has joined PSA Insurance & Financial Services, Inc. in Baltimore as a senior investment consultant.
Presence Life Connections sells two SNFs
Jan 06, 2015
Senior Living Investment Brokerage has represented Presence Life Connections in the sale of two Illinois communities, the firm announced last month. The SNFs were sold for $26.5 million to Health and Home...
DOJ joins Omnicare lawsuit over alleged Abbott Depakote kickbacks
By
Elizabeth Newman
Dec 31, 2014
The Justice Department has filed a False Claims Act complaint against Omnicare Inc., alleging the pharmaceutical giant received millions in kickbacks from Abbott Laboratories over a 10-year period.
Jeron releases Exception Report
Dec 22, 2014
Jeron Electronic Systems Inc. has released a new Exception Report option in its Provider 790 Executive Information System Software.
Lutheran Crossings chooses American DG Energy
Dec 22, 2014
American DG Energy Inc. announced an agreement to provide an On-Site Utility solution to Lutheran Crossings Enhanced Living in Moorestown, NJ.
GE Capital announces $500 million credit for Brookdale Senior Living
Dec 22, 2014
GE Capital’s Healthcare Financial Services said it has helped arrange a $500 million credit facility for Brookdale Senior Living Inc. HFS is administrative agent and GE Capital Markets is sole lead...
Secondi joins SwimEx
Dec 22, 2014
Paul Secondi has joined the SwimEx Inc. sales team.
Judge issues ruling in $1 billion nursing home case, says IL governor’s firm not responsible
By
Tim Mullaney
Dec 17, 2014
A federal bankruptcy judge tentatively ruled that two New York businessmen, and not a private equity firm formerly led by the incoming Illinois governor, are responsible for $1 billion in nursing home...
Welch Allyn, Inc. has acquired a private investment firm and all of the assets of its telehealth company, HealthInterlink.
Day in the Life: After 97 years, she’s a U.S. citizen
By
Tim Mullaney
Dec 01, 2014
It’s reasonable to expect that the pace of life slows down after moving into a skilled nursing facility. But 97-year-old Chengyi Pan has been busy since her arrival at Sauer Health Care in September.