Inquiries at Investor-Owned Nursing Homes
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Congress said it would investigate business practices at nursing homes owned by private investment groups, after staffing at many of the homes was shown to have been cut severely.
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Manor Care Inc. &lt;HCR.N&gt;, the largest U.S. owner of nursing homes, on Monday said it agreed to be acquired by Carlyle Group for $4.9 billion, the latest health-care provider taken off the public market by a private equity buyer.
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Pharmacists, health experts and federal and state health officials are expressing &quot;serious concern&quot; about how nursing home residents will receive prescription drugs under the new Medicare law, the New York Times reports.
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You wouldn't ask your banker to  choose stocks for you, or your dentist to check out your bum  knee, even though their fields are related. So don't expect  your life insurance agent to answer all of your questions about  long-term care insurance.
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New York state regulators are looking into WellCare Health Plans Inc's  activities related to the state's Medicaid program, a person familiar with the investigation said on Tuesday.
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By Art Campos, The Sacramento Bee, Calif.  Feb. 15--A legal dispute between Roseville and a nonprofit corporation that builds and provides housing for senior and disabled residents may be resolved soon.
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Several states are considering the use of video surveillance in nursing homes, to keep an eye on residents and the care they receive.
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The inquiries suggest that a new inquiry into an area of accounting that has long troubled both investors and pension-rights advocates will cast a broad net.
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Accounting scandals, first at Freddie Mac and now alleged at Fannie Mae, call into question the future of those government-sponsored but investor-owned companies that buy home mortgages from lenders.
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US financial regulators have requested information from Warren Buffett&#39;s Berkshire Hathaway group as part of a probe into certain insurance products.
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The owners of a nursing home where 35 patients died in the aftermath of Hurricane Katrina were indicted Wednesday on charges of negligent homicide and cruelty to the infirm.
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US regulators asked automotive giants General Motors Corp. and Ford Motor Co. for information on how they account for pension and health care plans, the companies said on Tuesday.
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A pullback in commercial property  lending has raised questions about whether a recent surge in  real estate investment trust buyouts signaled a peak for  private equity funds.
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Charter House is what is known as a CCRC, a continuing care retirement community. There are about 2,000 of them in this country. They differ from nursing homes in that they care for people no matter what needs might develop -- beginning with independent living.
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Berkshire Hathaway Inc., the company controlled by billionaire Warren Buffett, said its General Re Corp. unit received a request from regulators for information on insurance policies designed to help mitigate losses.
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CHALMETTE, Louisiana  - The owners of a New Orleans-area nursing home where 35 people drowned in one of the worst tragedies of Hurricane Katrina pleaded not guilty on Wednesday to multiple charges of negligent homicide and cruelty to the infirm.
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As previously announced, KB Home's past stock option grant practices are  being investigated by the Securities and Exchange Commission. The  Department of Justice is also looking into these practices but has  informed KB Home that it is not a target of this investigation.