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

Antipsychotics reduction goal is 25% by end of 2015, CMS and provider groups announce

Antipsychotics reduction goal is 25% by end of ...

Long-term care providers are being asked to reduce the use of antipsychotic medications among residents by 25% by the end of 2015, and 30% by the end of 2016. Providers ...

CDC issues new guidelines on pneumococcal vaccine, says LTC flu vaccination rates remain low

CDC issues new guidelines on pneumococcal vaccine, says ...

Long-term care workers continued to have low rates of flu vaccination last season, despite there being 92% vaccination coverage overall among physicians and nurses, the Centers for Disease Control and ...

AL operators accused of withholding $2M in unpaid overtime, minimum wages ...

Four California assisted living operators are facing eight felony charges related to wage theft, tax and insurance violations, according to local reports.