LTC Properties has joined forces with upscale rehab provider Ignite Medical Resorts on two projects in Missouri, just one example of how the healthcare real estate investment trust is looking to diversify and decrease the age of its portfolio.
Paying subsidies to offset the cost of making patient care more efficient could boost participation in the Medicare Shared Savings Plan and save Medicare up to 40%.
Electronic health record provider Allscripts has reached a tentative $145 million deal with federal investigators related to HIPAA and kickback allegations against another provider it acquired last year.
With a third consecutive quarter of occupancy growth and margin expansion, Genesis Healthcare wants to increase its real estate ownership even further, company leaders said Thursday morning.
A judge this week dissolved a partnership behind a network of nursing homes and assisted living facilities in several states, criticizing the majority owner’s lack of cooperation and the “complicated jumble of entities” through which he operated.
Omega Healthcare Investors has returned to its core growth strategy with a burst of early third-quarter deals, including the addition of 61 skilled nursing facilities.
A government-sanctioned report predicts Connecticut residents will demand about 6,000 fewer nursing home beds by 2040, but the state’s leading provider group says operators are already preparing for changing consumer demands.
The owner of an Arkansas nursing home has agreed to pay $100,000 to former employees whose sexual harassment and wrongful termination allegations were taken up by the federal Equal Employment Opportunity Commission.
Plaintiffs attorneys in a $4.1 million negligence case can keep most of the $1.3 million in legal fees granted by a lower court as “reasonable” reimbursement, an Illinois panel has ruled.
Members of a church in Illinois spent five days last week slinging burgers, flipping flapjacks and cranking out fried potatoes under the hot summer sun, but they won’t be keeping a dime of the proceeds.
