Nursing home lobbying merger was a long time in coming
By
James M. Berklan
May 30, 2013
Almost immediately after the 2006 schism that threatened to fully tear them fully apart, some stakeholders wanted to see the Alliance for Quality Nursing Home Care remain united with the American Health...
Genesis acquires Sun
Jun 22, 2012
Under terms of the agreement, Genesis will acquire Sun for $8.50 per share of common stock in cash. Following the announcement, Sun shares leaped Thursday.
Outlook brightens: Nursing home companies get improved credit ratings
Dec 02, 2011
Six nursing home companies have been removed from Standard & Poor’s Rating Service downgrade watch.
S&P downgrades nursing home ratings; SNFs lose jobs
Aug 09, 2011
Ratings agency Standard & Poor’s has put all six of its rated for-profit nursing home operators on Credit Watch with a negative outlook.
Providers mull options following plunge in stocks
Aug 04, 2011
Following news of a planned slash in Medicare reimbursements, skilled nursing facility operators have spent the last few days reassessing their financial strategy.
Provider shares take a hit on news of CMS reimbursement cuts
Aug 02, 2011
Shares of major skilled nursing facility operator stocks took a nosedive Monday morning following Friday’s announcement that the Centers for Medicare & Medicaid Services are cutting Medicare reimbursements...
Sun Healthcare reports solid fourth-quarter, annual growth
Mar 05, 2010
Sun Healthcare on Wednesday reported “respectable” earnings growth of 7.7% for the fourth quarter of last year and 18.3% for 2009 overall. The nation’s sixth-largest skilled nursing provider...
Harborside Healthcare to pay $1.4 million settlement in kickback lawsuit
Oct 12, 2009
Harborside Healthcare has agreed to pay $1.375 million to the United States to settle a lawsuit alleging that the company received kickbacks through a durable medical equipment scam, the Department of...
Sun’s Matros brings goodwill to New Orleans
By
James M. Berklan
Apr 30, 2008
It’s hard to find pure “feel-good” stories nowadays. Really hard. Maybe that’s why the latest brainstorm from Rick Matros is so, well, charming. Matros, of course, is the hip 50-something who likes...