Extendicare to sell US businesses for $870 million
By
Tim Mullaney
Nov 10, 2014
Extendicare will sell nearly all of its U.S. operations to an investor group in an $870 million deal, the Canada-based long-term care company announced Friday.
Skilled nursing dealmaking continues to be strong, average price per unit hits $78,000
By
Tim Mullaney
Nov 07, 2014
The trend of strong merger and acquisition activity in the senior housing market has not abated, with the average price per skilled nursing unit up 7% from a year ago. This is according to the latest quarterly...
Making a quality bet on ACOs a risky proposition
By
James M. Berklan
Nov 01, 2014
If there’s anything that’s become clear about this ACO business lately, it’s that it’s not going to be as simple as A-B-C.
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...
Diabetes growth to drive wound market
By
Elizabeth Newman
Nov 01, 2014
A rise in diabetes and obesity will drive the increase in the wound care market over the next four years, a research group asserts.
As providers get back into gear for the ICD-10 changes to hit in 2015, researchers at the University of Illinois at Chicago have developed a free online tool to help healthcare facilities determine where...
ITUpdate for November 2014
Nov 01, 2014
» Nurses are increasingly relying on mobile devices, social media and the Internet, according to a survey from Wolters Kluwer Health. Their results, released in September, said 65% of nurses are using...
Technology award winners raise bar for third annual McKnight’s Tech Awards
By
Elizabeth Newman
Nov 01, 2014
Compelling stories of improved resident engagement is how some winners of the third annual McKnight’s Excellence in Technology Awards caught the eyes of our independent panel of judges.
New wound care product used to reduce inflammation
Nov 04, 2014
BIOVANCE, an amniotic membrane allograft derived from a human placenta, is now available for those looking for a wound care product.
BeBop Sensors releases fabric sensor
Nov 04, 2014
BeBop Sensors Inc., a wearable sensor company, announced the release of its first product, the BeBop Wearable Smart Fabric Sensor, which can measure bend, location, rotation, angle, motion, angle and torque.