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.
New stability cane has built-in light
May 27, 2014
Technical Vision Inc. has targeted the long-term care market for My Mobile Light, a new stability cane that has a built-in LED light.
Information technology only works if staff is adequately trained
By
Julie Williamson
Apr 01, 2008
Developing a technologically savvy workforce is the secret to a facility’s success when it comes to upgrading systems
Pill Timer helps residents take meds when needed
Sep 14, 2010
Rexam and Med Time Technology, Inc. jointly unveiled “The Pill Timer.” The product lets providers and others program audio and visual alerts to help people properly take their prescription...