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http://blog.nj.com/southjerseylife Bridging the generation gap and giving a gift of health...Members, families and friends of CFAC participated in a clean up project recently thru the Mantua Township Clean Communities program. The monies raised will go...
A family has won a $6 million verdict for the loss of their family member in a nursing home morphine overdose . The lawsuit was filed against Manor Care , the corporation that owns the nursing home, after the nursing home resident died . The lawsuit revealed that the resident was prescribed 15 milligrams of morphine per day and then received a subsequent prescription for 30 milligrams. However, the...
In 2007 deals in the health care M&A marketplace soared. Siemens's $7 billion purchase of Dade Behring, Medtronic's purchase of Kyphon and Carlyle Group’s purchase of Manor Care are just a few of the deals that contributed to a trend-setting year in the health care sector. In this podcast, an interview with Russell Carson, fresh [...]
Baljit Kaur Bhandal, a dietary aide employed at a Manor Care Health Services in California, was given an ultimatum by the company to remove her kirpan -- a ceremonial knife worn under the clothing -- while at work or lose her job, a lawsuit filed by Equal Employment Opportunity Commission claimed.
Cross-posted from Illinois Deserves the Truth With all of the recent talk around nursing homes in recent months (us included here , here )- much of it to do with the acquisition of Manor Care by the Carlyle Group and the quality of care loss that usually follows this type of business deal - it's a great thing to see that the Illinois House is looking at a bill (HB 5213) to help protect nursing home...
Last year, officials in the state of Ohio expressed concerns about the purchase of the " troubled family " known as HRC Manor by The Carlyle Group, a private equity firm that includes as its directors some of the most prominent names in American politics. Toledo-based HCR Manor Care operates 44 nursing homes caring for 5,100 people in Ohio and has been under close watch by state authorities. Officials...
John Brasdis, 84, of Thorofare, N.J. died Feb. 8 at Manor Care of Cherry Hill. Born in Philadelphia, John has resided West Deptford for many years. John retired as an employee West Deptford Township. John...
Despite Carlyle Group's completion of the Manor Care buyout, the union that represents nursing home employees in Florida is suing, hoping to block the takeover. Manor Care, a chain of nursing homes, was recently bought by a private equity firm, Carlyle Group, for $6.3 billion. The transfer was completed the day after rulings that held up the buyout were dissolved in West Virginia and Michigan. The...
LONG BEACH, Calif.--(BUSINESS WIRE)--HCP (NYSE:HCP) announced that it has closed a mezzanine loan with a $1.0 billion face amount, which represents a portion of the financing for The Carlyle
The Carlyle Group closed its $4.9 billion acquisition of Manor Care, the nursing home operator, on Friday after a Michigan court lifted its temporary order against the deal. The current Manor Care management team will continue to operate the business, the company said. The buyout, originally expected to close last month and valued at $6.3 billion, including [...]
NEW YORK (Reuters) - Private equity firm Carlyle Group has closed its $4.9 billion acquisition of U.S. nursing home operator Manor Care Inc , Manor Care said on Friday, after a temporary order against the deal was lifted in Michigan.