Nursing home chain Sun plans separation of operations, real estate holdings
May 26, 2010
Sun Healthcare Group Inc., one of the largest nursing home operators in the country, said Monday it plans to split itself into two publicly traded companies.
Pfizer to pay record $2.3 billion for promoting drugs unlawfully
Sep 03, 2009
Pfizer Inc., the largest drug maker in the world, will pay a record $2.3 billion in criminal and civil fines over illegal promotions of four prescription drugs.
Independent review comes up clean, Sunrise says
By
Haymarket Media
Oct 02, 2007
An independent review panel charged with investigating allegations of financial wrongdoing at Sunrise Senior Living Inc. failed to find any illegal activity, the company disclosed.
Report: Reverse mortgages may not be the answer for long-term care
By
Haymarket Media
Mar 19, 2004
Linking reverse mortgages with long-term care insurance may not be the answer to solve financial crises, a new report released by Health Strategies, Inc. says.
Cathedral Village completes $3.2 million renovation
Apr 19, 2016
Cathedral Village, a Philadelphia-based continuing care retirement community, has completed a $3.2 million renovation project to upgrade its energy infrastructure on its 40-acre campus.
Kindred estimates revenue reduction from proposed Medicare Part B therapy rate cuts
Jul 08, 2010
Proposed changes to the Medicare Part B therapy reimbursement rate would reduce Kindred Healthcare Inc.’s annual Medicare revenues related to Part B therapy services by $11 million, the skilled nursing...
HCP agrees to $125 million settlement with Ventas
Nov 10, 2011
HCP Inc. will pay $125 million to settle a lawsuit filed by fellow real estate investment trust Ventas, on top of HCP’s recent $102.8 million payment to Ventas for compensatory damages.
Workouts can hasten decline
By
Marty Stempniak
Jun 08, 2018
Moderate exercise may hasten Alzheimer’s if done regularly after diagnosis, a new study suggests. Oxford researchers found people with mild to moderate dementia who worked out in a gym twice weekly...
Infection prevention product released
Jun 14, 2016
VidaShield from American Green Technology debuted at the APIC 2016 conference.
REITs to shed skilled sites
By
Tim Mullaney
Jun 01, 2013
Large real estate investment trusts are looking to get out of the skilled nursing sector, according to the Wall Street Journal.