Smith & Nephew announced the closing of the acquisition of privately-held Kalypto Medical Inc. The acquisition helps bolster Smith & Nephew’s Negative Pressure Wound Therapy portfolio. Kalypto Medical...
FDA approves medicine for treatment of deep vein thrombosis
Jul 06, 2011
The Food and Drug Administration has approved Janssen Pharmaceuticals, Inc.’s Xarelto (rivaroxaban ). Xarelto is intended for the treatment of deep vein thrombosis (DVT). If all or part of a DVT...
Federal government sues provider after workers are fired for seeking religious exemption to flu shot
By
Apr 29, 2016
A North Carolina-based healthcare provider has been hit with a lawsuit from the federal government for allegedly firing three employees who asked for a religious exemption from the company’s mandatory...
Psychologists plead guilty in $25 million SNF fraud scheme
By
Sep 09, 2016
Two psychologists pleaded guilty on Wednesday to charges that they billed Medicare millions of dollars for psychological tests unnecessarily administered to nursing home residents.
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.
Ventas signs deal to acquire Atria Senior Living for $3.1 billion
Oct 25, 2010
Ventas Inc. announced its agreement to purchase Atria Senior Living Group—the fourth-largest assisted living property operator in the United States—for $3.1 billion.
Sunrise reports smaller loss for first quarter of 2010
May 05, 2010
Sunrise Senior Living Inc. disclosed on Monday that it lost $16 million in the first quarter of 2010. That compares to a wider loss of $18 million in the first quarter of last year.
CapitalSource sells remaining 37 nursing homes
Dec 02, 2009
CapitalSource Inc., a commercial lending company with an extensive healthcare portfolio, has sold the last of its nursing home interests. This marks the company’s exit from the skilled nursing ownership...
Kindred: Quarterly net profit down
By
Haymarket Media
Aug 02, 2006
Nursing home giant Kindred Healthcare Inc. is reporting net quarterly profit sharply lower from a year ago.
NHI makes $26M in acquisitions
Apr 24, 2013
National Health Investors, Inc. announced last week that it had acquired skilled nursing facilities with a total of 254 beds for $26.3 million.