While the rehabilitation therapy world is still reverberating from the announcement that Select Rehabilitation has agreed to purchase its larger rival, RehabCare, leaders of the projected behemoth say there should be no ripple effects felt by therapists or patients on the front lines.
A ‘cover-up’? That’s just what CNA calls orders to change H.R. McMaster’s clothes and her statement about his death … New Kindred at Home division looks to acquire Curo and create nation’s largest hospice operator … A call for comprehensive, pre-surgery program to reform osteoarthritis care, payment
Kindred assets could be divided into separate home care and facility lines.
The previously announced $4.1 billion acquisition of Kindred by Humana may have hit a snag, with one prominent stakeholder claiming the price is too low.
A New York nursing home chain agreed Monday to pay $3.5 million to settle government allegations it failed to prevent a rehab subcontractor from overbilling Medicare for therapy.
Major LTC insurer posts $844 million loss, shares tumble … Kindred’s quarterly numbers suggest restructuring is paying off … Monkey study raises hopes of weekly injections to fend off Alzheimer’s … Dementia can be predicted by walking speed and memory complaints, research suggests
Kindred Healthcare has succeeded in its quest to acquire Gentiva Health Services. The companies announced Thursday morning they would combine to create the fourth-biggest healthcare provider of any type in the United States. The $1.8 billion deal was approved by the boards of both companies, ending Kindred’s five-month hostile takeover bid for the home health provider.
A Maryland nursing home company has agreed to a $1.3 million settlement over charges that it did not prevent overbilling by its contracted therapy provider, federal authorities announced Monday. This is the second such settlement this month involving therapy company RehabCare Group East Inc.
Kindred Healthcare plans to “vigorously” fight a lawsuit filed by some California employees alleging failure to pay minimum wage and overtime, and restricting break times, among other charges.
Accomplice in nursing home photo scandal yet to be identified … Cheap diabetes drug could keep Alzheimer’s at bay? … Kindred narrows Gentiva bid, raises offer price … AIR Act would cut DMEPOS audits
