S&P downgrades nursing home ratings; SNFs lose jobs
Aug 09, 2011
Ratings agency Standard & Poor’s has put all six of its rated for-profit nursing home operators on Credit Watch with a negative outlook.
Providers mull options following plunge in stocks
Aug 04, 2011
Following news of a planned slash in Medicare reimbursements, skilled nursing facility operators have spent the last few days reassessing their financial strategy.
Provider shares take a hit on news of CMS reimbursement cuts
Aug 02, 2011
Shares of major skilled nursing facility operator stocks took a nosedive Monday morning following Friday’s announcement that the Centers for Medicare & Medicaid Services are cutting Medicare reimbursements...
Kindred and RehabCare merger moves forward
Apr 12, 2011
The Federal Trade Commission has given antitrust clearance to Kindred Healthcare’s plan to purchase RehabCare Group for $1.3 billion in stock, cash payments and debt assumption.
Kindred-RehabCare merger to create nation’s biggest post-acute care provider
Feb 09, 2011
Kindred Healthcare announced Tuesday that it had reached an agreement to purchase competitor RehabCare in a deal valued at $1.3 billion, which includes the assumption of $400 million in debt.