Public officials and consumer groups have alleged negative effects of private equity’s ownership of nursing homes. But those investors also are squeezing providers themselves through a critical mechanism:...
Concerns about private equity in long-term care not confined to the US
By
Joe Bush
Sep 28, 2022
Private equity involvement in the British long-term care sector is now experiencing complaints that echo those recently tossed around by some US lawmakers, officials and other stakeholders lately.
Omnicare shows second quarter profit
By
McKnight's Staff
Aug 01, 2012
Omnicare Inc. turned a profit in the second quarter, according to a statement from the nursing home pharmacy giant. Omnicare earned $18.7 million, or 17 cents per share, for the three months ended June...
Kindred posts 4Q loss, shedding dozens of facilities
By
McKnight's Staff
Feb 24, 2012
As it recovers from a bruising fourth quarter, Kindred Healthcare said it would not renew seven Ventas lease bundles containing 64 facilities in 2013.