BusinessBriefs for August 2014

Share this article:

» Center Management Group of Flushing, NY, will pay $145 million to purchase five nursing facilities and two senior living communities from the Archdiocese of Philadelphia. The company currently operates 15 nursing facilities across New York and New Jersey. As part of the deal, the buyer has pledged to maintain the Catholic character of the nursing homes.

» Signature HealthCARE is aggressively fighting claims that the firm billed Medicaid for $2 million in marketing and other unapproved costs. A press release from the Tennessee Comptroller's Office alleged excessive charges. Signature countered that the $2 million figure “applied to overhead for all of our centers” and not just the 22 facilities in Tennessee.

» HCR ManorCare has sued Trinity Health after analysis suggested an association between a large hepatitis C outbreak with podiatry and blood draw services that the skilled nursing company contracted for, according to local reports. Trinity denies the allegations. 

» Life Care Centers of America announced the $10 million sale of its home health business to LHC Group Inc. in July.



Share this article:

More in News

Bulk of Medicaid to be managed care in two years: Avalere

Bulk of Medicaid to be managed care in ...

More than three-quarters of Medicaid beneficiaries will be enrolled in a managed care plan as of 2016, according to an Avalere Health analysis released Thursday. The numbers reveal that managed ...

Nursing home asked for employee's personal information too often, jury rules

The human resources department of a Maine nursing home did not properly protect a former employee's personal identification information, a jury recently ruled.

Test could confirm sepsis within an hour

Nursing home residents might benefit from a new way of diagnosing and treating sepsis made possible by discoveries out of the University of British Columbia.