Scott L. Moore joined Red Capital group as a managing director of Red Mortgage Capital. The firm is one of the nation's leading FHA Fannie Mae delegated underwriting and servicing lenders.

3M Health Care and Greystone Pharmaceuticals announced they have entered into a licensing

Jeron Electronic Systems has added a housekeeping/room ready feature to its nurse call system. The feature will improve interdepartartmental communication while reducing the time residents must wait for an open room, the company notes.

The Stanley Works announced that it has completed its previously announced purchases of Sonitrol ($276 million) and Xmark ($45 million). Sonitrol makes security monitoring services, access control and fire detection systems. Xmark develops, markets and sells RFID-based systems.

Snap-on Tools' new MG725 half-inch drive impact wrench delivers 1,190 foot-pounds of bolt breakaway torque. The product is an extremely durable, lightweight and balanced unit that minimizes vibration. This allows for superior control with less user fatigue, according to the firm.

EPS, in conjunction with hospital pharmacists and nurses, has developed four new piggyback-adhesive high alert labels. These labels call attention to medication requiring special handling, both in the pharmacy and directly at the resident's bedside. The labels are large enough for instant recognition yet won't occlude the manufacturer's labeling information.

Levolor Window Fashions has launched of an all-new custom drapery collection. The collection features 105 fabrics, including traditional, eclectic, casual and contemporary patterns and designs.

Like many organizations looking to trim costs, the federal government is adjusting the way it pays for medications. In a teleconference with reporters earlier this week, officials from the Department of Health and Human Services announced new incentives to promote greater use of e-prescribing. The Medicare program alone could save more than $150 million over five years by making the switch, they noted.

The Food and Drug Administration has granted 510(k) market clearance to Intel Corporation for its personal health system. The product aids healthcare professionals who manage patients with chronic conditions in their homes. The system is expected to be available commercially later this year, Intel announced.

Remedi SeniorCare, a provider of pharmacy services, announced that it has acquired HealthCare Pharmacy of Covington, OH. The firm (formerly Woodhaven Health Services) will serve more than 20,000 residents in Delaware, Indiana, Kentucky, Maryland, Michigan, Ohio and Washington, DC.