Private Equity (PE) firms allegedly make money by buying companies and restructuring and decreasing workforces to sell them shortly thereafter at a profit. In reality, increased competition has made this model less common. PE firms are holding companies longer and...
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F.D.A. Plans Looser Rules on Approving Alzheimer’s Drugs
The Food and Drug Administration plans to loosen the rules for approving new treatments for Alzheimer’s disease. Drugs in clinical trial would qualify for approval if people at very early stages of the disease subtly improved their performance on memory or reasoning...
Long-term care makes ADP’s list of industries most challenged by upcoming health benefits requirements
Long-term care is one of seven employment sectors likely to see significant challenges based on health benefits requirements in the Affordable Care Act, according to payroll services provider ADP. Based on payroll and benefits information of 303 companies with at...
Judge strikes down NYC ban on supersized sodas
A judge struck down New York City's pioneering ban on big sugary drinks Monday just hours before it was supposed to take effect, handing a defeat to health-minded Mayor Michael Bloomberg and creating uncertainty for restaurants that had already ordered smaller cups...
Vendor commits to promote healthier hospital food
Food-service contractor Morrison has made a commitment to promote healthier food at hundreds of the hospitals where the company serves food to patients, visitors and employees. The Partnership for a Healthier America, which enrolled 155 hospitals and health systems in...
Assisted living changes approved
A measure that would tighten oversight of Florida's 3,000 assisted living facilities and penalize those that abuse or neglect their residents was approved unanimously Thursday by the Senate Health Policy Committee. The bill (SB 646) requires the Agency for Health Care...
Long-Term Care Facilities Are Using Perks More Today to Attract and Retain Quality Employees
Employee perks programs can help nursing home and assisted living owner-operators to attract better workers and to lower turnover. Last fall, the Weiss family visited the Pine Valley Center for Rehabilitation and Nursing, a long-term care facility in Spring Valley,...
Study ties employer wellness initiatives to steep drop in hospital stays
One of Missouri's largest employers saw a sharp, rapid drop in hospital visits by workers and their families for costly and chronic conditions after insisting employees in its most popular, generous health plan enroll in wellness initiatives. Outpatient costs,...
Limiting costs, disruptions of medical procurement
As medical facilities seek to implement the most cost effective and consistent strategies, they often need to alter their purchasing methods to ensure they don't run low on supplies, have to ration equipment or fail to have the life-saving resources a patient needs in...
Vendor Max Braun sponsors staff appreciation lunch at Prime Source
Each month, the entire Prime Source staff gathers for an employee appreciation lunch, held in the Prime Source building. According to Michael Greenfield, CEO of Prime Source, “We have an unbelievable team that goes above and beyond for our clients each and everyday....