Long Term Care news and information

Information
Nursing homes said to overbill U.S.

By Wall Street Journal | November 13, 2012

Hundreds of nursing homes overcharge Medicare every year for so-called skilled services, adding $1.5 billion in annual costs to the program, according to a federal report to be released Tuesday.
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Nursing home is faulted over care after storm

By New York Times | November 10, 2012

Hurricane Sandy announced itself by tossing a section of Boardwalk against the Promenade nursing home in Rockaway Park, Queens, blowing out its windows and sending waves washing through the first floor.
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Deal means leadership change at Sunrise

By Beth Kutscher | November 09, 2012 | Basic Web

Sunrise Senior Living, McLean, Va., will undergo a leadership change after the company completes its acquisition by Health Care REIT.
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Kindred boosts credit access by $200 million

By Beth Kutscher | October 05, 2012 | Basic Web

Kindred Healthcare, Louisville, Ky., has increased its available credit by $200 million in order to pursue business expansion opportunities.
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Washington Post branches into healthcare

By Wall Street Journal | October 02, 2012

Washington Post Co., facing downturns in its core education and newspaper business, is putting its toe into healthcare. Post Co. said it would buy a majority stake in Celtic Healthcare, a closely held provider of hospice and home healthcare in Pennsylvania and Maryland.
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LifeCare's debt bomb | Sale, restructuring possible as LTAC pressures mount

By Beth Kutscher | September 22, 2012 | Print Magazine

LifeCare Holdings, Plano, Texas, is facing the possibility of a sale or restructuring as it races against a 45-day clock to find a solution to its high debt levels.
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Stordy named president of Golden Living division

By Beth Kutscher | September 21, 2012 | Basic Web

Golden Living, Plano, Texas, has promoted David Stordy to president of its Golden LivingCenters division, where he will be responsible for its 304 skilled-nursing facilities.
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LifeCare Holdings moves to address debt woes

By Beth Kutscher | September 19, 2012 | Basic Web

LifeCare Holdings, Plano, Texas, bought itself more time from its creditors as it weighs various options to deal with its debt load, including a potential sale.
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Post Acute Medical buys Texas long-term acute-care facility

By Joe Carlson | September 03, 2012 | Basic Web

Post Acute Medical, Camp Hill, Pa., has acquired for undisclosed terms a 26-bed long-term acute-care hospital that is within Iasis Healthcare's Southwest General Hospital, San Antonio.
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Magazine
Post-acute partners | Companies expanding their services through ventures with ACOs

By Jessica Zigmond | August 25, 2012 | Print Magazine

Whether it is through contracted services, formal and informational discussions, or joint operating committees, post-acute providers are finding different ways to offer their services to ACOs.
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