Private equity firm Cascade Capital Group has purchased 29 Iowa nursing homes for $85 million, making it the largest nursing home sale in the state’s history, according to an Oct. 21 report from the Iowa Capital Dispatch.
Bob Dean Jr., a Louisiana nursing home owner and operator, agreed to pay another $8.2 million to resolve federal allegations that he misappropriated and misused nursing home assets and income before and during the landfall of Hurricane Ida in August 20…
Providence has eliminated three speech-language pathologist positions from its Providence Home Health Portland team in Oregon, a spokesperson confirmed to Becker’s.
A federal judge has thrown out a COVID-19-related wrongful death lawsuit against former New York Gov. Andrew Cuomo, CBS affiliate WRGB reported Sept. 30.
The Wisconsin Department of Health Services has denied the sale of three nonprofit SSM Health nursing facilities to a New Jersey-based for-profit company, the Wisconsin State Journal reported Sept. 27.
CMS has issued a memo reminding nursing homes to facilitate their residents’ right to vote. Guidance for nursing home administrators is included in the memo.
The older adult population is expected to reach 82.1 million by 2050, yet less than 1% of physicians specialize in their care, according to a recent study of Americans over the age of 65.