Omnicare Inc. turned a profit in the second quarter, according to a statement from the nursing home pharmacy giant. Omnicare earned $18.7 million, or 17 cents per share, for the three months ended June...
Rehab firm’s overbilling will cost provider $1 million-plus
By
James M. Berklan
Nov 01, 2014
The fallout from a recent spike in rehabilitation charges to government payers continued to make headlines in September. This time, a nursing home company was blamed for insufficient oversight of its contract...
‘Co-opetition’ can promote innovation, LTC leader says
By
Elizabeth Newman
Sep 01, 2013
Cooperative competition or “co-opetition” is largely dormant in the long-term care market, one industry leader said in July.
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...
Odor protection in undergarments
May 08, 2013
A new technology eliminates urine odor when added to absorbent undergarment fabrics, a firm has announced.
G & E files for bankruptcy
By
Elizabeth Newman
Apr 02, 2012
BGC Partners will buy the assets of Grubb & Ellis Co., which filed for bankruptcy in February.
Pat Henry named president of RehabCare
Dec 21, 2011
Kindred Healthcare Inc. has announced that Pat Henry is the newly appointed president of its RehabCare division. She replaces Chris Bird. A speech pathologist by training, Henry most recently was an executive...
Webinar offers advice on automating HR processes
May 25, 2011
If you’ve been debating whether to switch to an automated HR solution, you’re in luck.
Sabra gains 678 new beds
By
Aug 05, 2015
Sabra Health Care REIT Inc. purchased four Maryland transitional care facilities for $234 million, the company announced in late June.
CareTrust to add two SNFs
By
Oct 01, 2016
CareTrust REIT Inc. acquired a portfolio of two California skilled nursing facilities, along with two seniors housing properties, for $34.4 million, the company announced in August.