Market News

Market News

Payment platform partnership announced

SmartLinx Solutions has announced a partnership with DailyPay, an on-demand payment platform. DailyPay integrates with SmartLinx’s payroll and time/attendance systems, the companies said. This lets employees access their earnings before payday. The system is compliant in all 50 states and does not change the timing of payroll funds. “We are delighted to partner with DailyPay…

Oswego Health chooses scheduling program

Oswego Health in New York has implemented ScheduleAnywhere for its nursing department’s staff scheduling, Atlas Business Solutions Inc. announced.

CCRC receives financing

HJ Sims announced that it had closed $70.4 million in financing, $14 million in subordinate financing and $69.9 million in bond underwriting for Legacy Midtown Park in Dallas.

Distributor agreement announced

North Carolina-based LINET announced a partnership with Medline to serve as a post-acute care facility distributor.

Formica releases color line

he Formica Corporation has debuted the new ColorCore®2 Compact series to offer designers and architects more options.

Shower-toilet chair debuts

Lopital Nemo, a mobile tilting shower-toilet chair, has made its debut, ProCare Medical said.

Bed systems make debut at AHCA

Joerns Healthcare introduced two new bed systems during the American Health Care Association conference this week.

Lutheran Senior Services partners with interoperability framework

Lutheran Senior Services is the nation’s first senior living organization to exchange bidirectional clinical data with local acute care partner, SMM Health, through the Carequality interoperability framework, Netsmart announced. Netsmart is a founding member and live implementer of the framework, and LSS is exchanging health data from its Netsmart EHR with SSM Health’s Epic Systems…

New C. diff test released

Singulex’s Clarity C. diff toxin A/B assay, a rapid C. diff toxin test, has made its commercial debut, the company announced.

SNF portfolio purchased for $88 million

American Healthcare Investors and Griffin Capital Company LLC, co-sponsors of Griffin-American Healthcare REIT IV, said it has bought a skilled nursing facility portfolio for $88.2 million.

Cantata Health announces partnership

Cantata Health has announced a partnership with WoundRounds that will allow resale of WoundRounds to Cantata’s customer base.

Zimmet Healthcare releases analytics platform

Zimmet Healthcare Services Group has developed and launched CORE (“Claim Outcomes & Reimbursement Essentials”), which looks at current SNF-specific and accretive peer-group data.

Redesigned grab bars released

The bariatric grab bars are geared towards facilities that need to accommodate the needs of heavier patients. They are now re-rated at 900, 1,000 and 1,250 pounds for user stability.

Joint venture to focus on acquiring $1B in skilled nursing assets

Fundamental Advisors in New York announced a joint venture with Senior Care Development, a senior living developer, with a goal of buying up to $1 billion in skilled nursing assets. The companies have collaborated on multiple complex transactions across the full spectrum of seniors housing and care over the past decade, including the recent acquisition…

New flooring options debut

Ecore has launched Infinity Rx as a floor offering that uses reclaimed materials. The option is offered in a variety of contemporary finishes.

WellSky Long-Term Care debuts

WellSky, a health technology company backed by TPG Capital, announced that the recently acquired BlueStrataEHR will become WellSky Long-Term Care.
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