Market News
3M has completed its acquisition of Acelity Inc. and its KCI wound care subsidiaries for about $6.7 billion. The transaction was announced Oct. 11, adding the advanced wound care and specialty surgical applications marketed by KCI to 3M’s worldwide medical technology unit. “This is an exciting day as we bring together two premier and innovative…
Steve Pacicco has succeeded John Damgaard as president and CEO of MatrixCare, the company announced Monday.
Prime Care Technologies has released a mobile app and new predictive tools for its primeVIEW application. The company’s cloud-based business intelligence application for post-acute care integrates EHR data, labor, accounts receivable, satisfaction scores, hiring, Five-Star quality ratings and more. “Our HIPAA-compliant mobile app extends access to our powerful KPI dashboard, enabling users to see variances,…
A new podcast from The Association for Professionals in Infection Control and Epidemiology, APIC, looks to provide clinicians with easy-to-use information about infection prevention strategies. The “5 Second Rule,” which takes its name from a questionable food-safety standard, will cover a range of topics relatable to the healthcare community and the wider public. The first…
Marquis Health Services, Providence Rehabilitation & Healthcare Center has completed a $3 million renovation of its 129-bed skilled nursing facility in Yeadon, PA. Located on the campus of Mercy Fitzgerald Hospital, Providence provides post-hospital care, short-term rehab and long-term residential care. The renovation, which include an updated therapy gym, will allow Providence to grow specialities…
Bonafide Management Systems, a DME software provider long geared toward home health, is combining with Next Level 11 and Next Project11 to attract long-term care and acute clients. The new company will operate as Bonafide Medical Group LLC and add a healthcare facility portal, live asset tracking and a healthcare-acquired infection control platform to its…
Louisville-based Signature HealthCARE is enrolling all 121 of its nursing home administrators as members of The American College of Health Care Administrators. Studies have shown that administrators who are members of ACHCA manage nursing homes that provide higher quality of care and score higher on the CMS star scale, the association reports. ACHCA has thousands…
The Society for Post-Acute and Long-Term Care Medicine, AMDA, is partnering with ADVault, creator of digital advance care planning tools, to add clinical content to the MyDirectives® digital platform. AMDA’s advance care planning content, the result of a multi-year effort of its clinical leadership, can help doctors and care teams engage in meaningful discussions with…
The Intentek™ Wireless Charging Surface introduced this month by Formica® Laminate integrates charging coils that can wirelessly charge Qi Certified devices that are placed on top of them. Senior living providers have been adapting furniture and common spaces with charging stations to make spaces more device-friendly. Intentek takes that idea one step by offering visitors…
Medline and HealthStream have announced a strategic alliance that will offer a range of workforce development and quality improvement programs to help long-term care providers meet changing regulatory requirements in their states. The programs will serve skilled nursing facilities, assisted living and home health and hospice organizations, according to a press release from both companies.…
A real estate investment trust has sold three skilled nursing and assisted living communities in South Dakota to a national group that already has a strong presence in the state. The communities, previously operating as Health Quest, have a total of 377 beds. SunQuest Village and SunQuest Health Care Center are on the same 9.5-acre…
Linked Senior and Pioneer Network have created a social media awareness campaign targeting Amazon.com for its continued sale of restraints for use in home and residential settings. Linked Senior is challenging its clients and partners with an “EngageAThon.” The more they use its evidence-based platform during the month of October, the more Linked Senior will…
Investment bank HJ Sims has announced the closing of a $61.6 million transaction for Rydal Park, in Abington Township, PA. The Rydal Waters expansion project will be a new, adjacent branch of the Rydal Park Life Plan Community and include 84 two-bedroom cottages, a clubhouse, dog park and walking trails. The community is operated by…
National Lutheran Communities & Services has selected Petalo, a company focused on interoperability, to deploy an innovative technology platform at two of its Washington, D.C.-area facilities. Features and specific focus areas for the Petalo platform are tailored to each customer organization. For NLCS, the platform will enhance communication by sending specific resident or guest requests…
Healthcare laundry company Unitex will wrap its warm-weather concert series with a performance Friday at the Bronx Center for Rehabilitation and Nursing. The final show is an extension of a summer concert series that hit several New York communities in its second year. Unitex is planning to expand concerts next year to reach a greater…
The Weitz Company and Shell Point Retirement Community have broken ground on the Waterside Health Center, a skilled nursing facility in Ft. Myers, FL. The nearly 200,000-square-foot building will be located at the main entrance of Shell Point, which at 700 acres is Florida’s largest continuing care retirement community. The SNF will include 180…
Flooring company Patcraft’s newest carpet tile line, Deconstructed Felt, is inspired by the inner-workings of product construction. The 12-inch by 48-inch tiles expose raw elements of carpet construction with texture and tactile features. The design won a Best of NeoCon 2019 Gold Award. “Purposeful creation of texture is central to the design of Deconstructed Felt…
Furniture manufacturer Beaufurn has introduced the European-inspired Regis Lounge Chair. With a sculpted silhouette, the high-backed chair blends mid-century and modern styles. The solid wood, swivel base provides a smooth 360-degree rotation. At 44 inches high, the lounge chair is ideal for lobbies, reception areas and libraries. Solid wood legs can be finished in eight…
The National Alliance of Wound Care and Ostomy recently awarded its first professional credential recognizing clinical expertise in advanced wound care. The Advanced Wound Care Certified, or AWCC, credential confirms the holder has higher-level skills needed to administer treatments such as negative pressure wound therapy, biologic skin equivalents and hyperbaric oxygen. The first recipient, NPWT…
Berkadia’s Seniors Housing & Healthcare Group closed $76.8 million in financing for the acquisition of nine skilled nursing facilities in Florida, Maryland, Michigan, Tennessee and Virginia. The portfolio contains a total of 1,167 beds with an average occupancy rate of 85.8%. The buyer, an affiliate of a Tennessee-based owner and operator of skilled nursing and…
