The senior care business continues to suffer from the hang-over caused by the excesses of the 1990s. Although just one more aspirin may be necessary to rid the sector of the pains from the past, some people are looking into the future and asking the hard questions....
With the markets headed south, no one really expected the announcement of the largest deal of 2002. Yet that is precisely what took place on Monday, June 15, 2002, when Pfizer, Inc. (NYSE: PFE) announced that it would acquire Pharmacia Corp. (NYSE: PHA) for an...
The answer to the question posed in the headline would seem obvious to many observers of the physician practice management (PPM) industry, so obvious that it can be summed up in a single word: No. After all, the number of companies has dropped so precipitously that...
Once again, the acquisition activity in the past month was dominated by the sale of assisted living facilities, with nine separate sales totaling 27 facilities, compared to three nursing home transactions. Although maybe not so extreme, a similar ratio is expected for...
Last month’s issue featured Anthem’s (NYSE: ATH) pro- posed $3.8 billion acquisition of Trigon Healthcare (NYSE: TGH), the Blue Cross Blue Shield licensee in Virginia. News of this deal has rattled some cages in other states where Blues plans are contemplating...
Is the skilled nursing industry really at the edge of a cliff, waiting to see what happens to Medicare rates in October? Is that really what drove Mike Walker, the CEO of Genesis Health Ventures (NASDAQ: GHVI), to resign from his position at the company he founded,...