BusinessBriefs for August 2014
» 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.