Kindred Healthcare Announces RehabCare Group Merger

Posted by Jason Greis on February 13, 2011 under Articles, Industry News | Be the First to Comment

On February 8, 2011, Kindred Healthcare, Inc. (“Kindred”) and RehabCare Group, Inc. (“RehabCare”) jointly announced the signing of a definitive merger agreement under which Kindred will acquire RehabCare for an estimated $35 per share, which includes $26 per share in cash and 0.471 shares of Kindred common stock.  The transaction was unanimously approved by the Boards of both Kindred and RehabCare and is expected to close at the end of the second quarter, pending approval from the shareholders of both companies and receipt of antitrust approval.  Read More...

AHA Annual Membership Meeting

Posted by Jason Greis on January 9, 2011 under Events | Be the First to Comment

Join your colleagues April 10-13 in Washington, D.C., at the 2011 American Hospital Association Annual Membership Meeting to hear the latest on reforming health care, and to take hospitals’ message to Capitol Hill.  The meeting agenda includes prominent keynote speakers … executive briefings on important health reform topics to help prepare your organization for coming changes, an opportunity to earn ACHE credits … and more!  In times like these, speaking with one voice, to Congress and the Administration, to policymakers and opinion leaders, is more important than ever before.  Please visit the AHA 2011 Annual Meeting Website for more information. Read More...

Save the Date: NALTH 2011 Education Conference

Posted by Jason Greis on under Events | Be the First to Comment

LTACH PHYSICIAN FOCUS
October 6-7, 2011
Omni Royal Orleans Hotel
New Orleans, Louisiana Read More...

ALTHA 2011 Capital Market Meeting

Posted by Jason Greis on under Events | Be the First to Comment

Capital Markets Meeting
April 6-7, 2011
Union League Club, New York, NY
38 E 37th Street
New York, NY 10016 Read More...

GAO Report Highlights Differences in LTACH Oversight Standards in Response to Senate Finance Committee Investigation

Posted by Jason Greis on January 8, 2011 under Articles, Industry News | Be the First to Comment

On December 22, 2010, the Government Accountability Office (GAO) released a report (Report) highlighting key differences in Federal oversight standards among long-term acute care hospitals (LTACHs) and certain other classes of hospitals and skilled nursing facilities.  The Report was prepared in response to the Senate Finance Committee’s initiation of a formal investigation in March 2010 after a February 10, 2010 New York Times article described patient deaths and allegations of substandard patient care at one of the nation’s largest LTACH providers. Read More...

CMS Issues Stark Act Voluntary Self-Referral Disclosure Protocol – 9 Key Concepts

Posted by Jason Greis on October 17, 2010 under Articles | Be the First to Comment

The Patient Protection and Affordable Care Act (PPACA) requires the Secretary of the Department of Health and Human Services (HHS), with the Office of the Inspector General (OIG) of HHS, to establish a protocol for healthcare providers and suppliers to disclose actual or potential violations of Section 1877 of the Social Security Act (Stark Act). Under the Stark Act, healthcare providers and suppliers may not refer patients to any entity for certain services if the physician has a financial relationship with that entity, unless an exception for such referral applies. Read More...