Kindred Healthcare Inc. will start trading common stock on the New York Stock Exchange beginning Oct. 27, according to an announcement late last week by the Louisville-based company. Kindred operates nursing...
PharMerica serves bidder a poison pill
Aug 31, 2011
Just days after rejecting a $456 million purchase offer, the board at PharMerica Corp. adopted a poison-pill defense. The measure is intended to prevent Omnicare Inc. from obtaining control of PharMerica...
Wireless technology expected to lure more residents: survey
May 26, 2009
Senior living community operators indicated that wireless connectivity will help attract more residents within the next five years. Other specialty areas predicted to boom include home health services,...
Union decries Manor Care purchase
By
Haymarket Media
Sep 21, 2007
The Service Employees International Union is protesting the acquisition of nursing home chain Manor Care Inc. by the Carlyle Group. It fears the $6.3 billion buyout will lead to layoffs and cuts in benefits...
Therapy whistleblower suit allowed to proceed in MN
By
McKnight's Staff
Mar 01, 2012
An occupational therapy assistant will be able to move forward with a lawsuit against her former employer over what she says were fraudulent therapy claims.
NAACP: Medicaid expansion would negate lost subsidies in NC
By
John Hall
Mar 04, 2015
The NAACP is pushing hard for lawmakers to approve Medicaid expansion efforts in North Carolina to give half a million state residents an alternative should they lose private insurance subsidized by the...
Nursing home therapy providers agree to pay $30 million whistleblower settlement
By
Tim Mullaney
Jan 22, 2014
Two nursing home therapy providers and a nursing home management company have agreed to pay $30 million to settle claims that they engaged in a kickback scheme, the U.S. Department of Justice has announced.
Nursing home workers sue over insurance
By
Elizabeth Newman
May 01, 2012
Two former nursing home employees may be headed to trial over what they say is their previous employer’s failure to pay into a group health plan.
On the economic front, signs that the worst may be over
Apr 28, 2009
We are finally seeing signs that our moribund economy might be starting to heal. This month, consumer confidence jumped more than forecast, stocks rose, mortgage rates dropped and Americans indicated more...
Supervisor sentenced to 10 years in prison for role in Medicare, Medicaid fraud scheme
By
Ashley Carman
Jul 10, 2013
A former healthcare provider supervisor was sentenced to 10 years in prison Monday for conspiracy to commit healthcare fraud totaling $63 million.