Maryland

Formation Capital and Safanad Limited acquire 14 SNFS

Formation Capital and Safanad Limited have bought 14 skilled nursing facilities for around $150 million.

Housing & Healthcare Finance advises on $940M loan for Deutsche Bank

Housing & Healthcare Finance has advised on a $940 million loan for Deutsche Bank involving 167 skilled nursing facilities in 19 states, with significant concentrations in Colorado, Maryland, Michigan, North Carolina and Texas.

CURRIER & Associates Inc. announces two new MA projects

CURRIER & Associates Inc. has announced its involvement in the development of two Massachusetts senior communities called Cornerstone at Canton and Canton Senior Center. CAI will develop the interiors for both facilities.

Study: Low-dose antipsychotics and regular mental health visits extend life expectancy of schizophrenics

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People with schizophrenia are likely to live a significantly longer life if they take lower levels of antipsychotic drugs and see a mental health professional, Johns Hopkins researchers say.

Company Briefs, June 2012

Company Briefs for June 2012

Maryland mandates end-of-life wishes form for LTC residents

Maryland healthcare professionals will soon be required to complete a form outlining a patient's end-of-life wishes upon admission to a long-term care facility, according to a new regulation.

State settles Medicaid pay dispute, to give nursing homes $16 million

State settles Medicaid pay dispute, to give nursing homes $16 million

Roughly 160 nursing homes in Maryland are set to share in a $16 million state settlement that eliminates the debt of more than 12,000 nursing home residents.