Post-acute care powerhouse Kindred Healthcare has finalized its acquisition of Grapevine-based IntegraCare Holdings for $71 million. Both companies have significant operations in Dallas-Fort Worth and Houston. Kindred CEO Paul Diaz said the transaction “continues the expansion of our continuum of post-acute services in our key Dallas and Houston cluster markets … IntegraCare already has home health and hospice operations, which can serve our Dallas cluster market.” Kindred had 13 North Texas facilities, including seven long-term acute care hospitals and three transitional care and rehabilitation centers. IntegraCare has hospice and home health facilities in Dallas, Tarrant and Denton counties. It operates a… Full Story
As part of a deal with the Department of State Health Services, Parkland Health & Hospital System will pay a $1 million fine for patient safety and quality-of-care deficiencies. The agreement resolves and discharges all potential enforcement actions for compliance issues before May 31, 2012
The National Association of Free and Charitable Clinics (NAFC) is calling on physicians and other health care professionals to participate in the upcoming large free clinic for uninsured persons at the Dallas Convention Center, Hall A, 650 South Griffin St., on Sept. 29.
Twenty new North Texas schools are joining Troy Aikman and the United Way of Metropolitan Dallas in the fight against childhood obesity. Find out which area schools are now part of the Healthy Zone School Recognition.
Plaza Medical Center of Fort Worth will begin performing kidney transplants next month. The initiative will operate under the name Fort Worth Transplant Institute, with Dr. George Rofaiel as the surgical director and Dr. Bala Sankar as the medical director. Full Story
Dallas-Fort Worth ranks 73rd among the 100 largest metropolitan areas for healthcare and amenities that promote successful aging, according to a California non-partisan think tank. The study, called “Best Cities for Successful Aging,” by the Milken Institute in Santa Monica, looked for “safe, affordable, engaging and connected” communities for people 65 and older that offer “quality healthcare and an active lifestyle with ready access to transportation, education, employment and recreation.” Researchers developed 78 indicators of success for seniors to rank the “best cities for successful aging.” The factors were grouped in eight categories—healthcare, wellness, living arrangements, transportation and convenience of… Full Story
Parkland says it has completed about 70 percent of the tasks on its corrective action plan. Tenet‘s stock climbed nearly 3 percent Wednesday, after the company reported its 2Q results. PwC offers tips for treating patients like a valued customer. HHS: Electronic payments could save hospitals $9 billion. Children with Crohn’s Disease may benefit from new treatment.
Cornerstone Healthcare Group Holding has issued a $150 million term loan facility; proceeds will be used to refinance existing debt and boost cash reserves. Standard & Poor’s Ratings Services has assigned the company a “B” corporate rating; it also assigned a “B” rating to the credit facilities, with a recovery rating of “3.” Its rating outlook on the company is “stable.” “Our stable rating outlook reflects our expectation that Cornerstone will continue to seek acquisition opportunities and that weak reimbursement trends will constrain profitability,” S&P said. Here are additional statements from S&P relative to Cornerstone Healthcare’s outlook and performance: • The… Full Story
The Office of the Inspector General (OIG) has recommended a Medicare moratorium on new home health care agencies in Texas. In a report issued Thursday, the OIG said nearly 40 percent of the nation’s suspicious billings for home health care originated in Texas. Forty-five percent of the state’s home health agencies (HHAs)—or 1,000 out of 2,212—had questionable billing. The Texas rate was five times greater than the national average, the OIG said. In a response to the report, Acting Medicare Administrator Marilyn Tavenner said she agreed with the recommendation to limit the number of agencies permitted by Medicare. “CMS …… Full Story
Parkland to temporarily close its psychiatric ER for renovation while suspending longer-term care for the mentally ill. Dallas-based Tenet Healthcare announces $110 million expansion at St. Christopher’s Hospital for Children in Philadelphia. Eleven North Texas companies and organizations make the cut in Modern Healthcare’s 2012 “Best Places to Work in Healthcare.” Weekend patients have a higher chance of dying than those admitted during the week, reports American Medical News. Is mandated physician retirement at a certain age a thing of the future?
More troubles for Lewisville-based Orthofix. The company has agreed to pay $5.2 million to settle federal regulatory charges that its subsidiary bribed Mexican officials for sales contracts with government hospitals. The American Heart Association reported fewer patients needed long-term care when primary care doctors focused on the health hazards of high blood pressure, smoking, high cholesterol, diabetes, irregular heartbeats, and depression. Dallas-based Tenet Healthcare Corp. boasts 33 hospitals that have received 71 designations for cardiac care, cardiac surgery, and heart rhythm disorders; and 21 designations as UnitedHealth Premium Surgical Spine and Total Joint Replacement Specialty Centers. Texas healthcare ranks worst in nation, according to NYDaily News. Arlington Occupational… Full Story
Edgemere, a senior living community in Dallas, is now offering residents the option to participate in the “Masterpiece Living” program, an aging program focused on maximizing one’s quality of life. Developed in 1999 by a board of health advisors, and informed by aging research and reviews of ongoing outcome measurement completed in conjunction with Mayo Clinic, there are four tenets to the Masterpiece Living philosophy: use it or lose it, loneliness hurts but involvement heals, there are no age limits, and I can make a difference. Edgemere is one of five senior living communities in Texas owned by Senior Quality… Full Story
Texas Health Resources has implemented 3D technology for mammograms. Dallas-based Aprima Medical Software has released an app that helps doctors manage their appointments, look up patient information, review patient visits, check and respond to messages, and other tasks. Seniors Helping Seniors, a non-medical home care company for senior citizens—with all work provided by seniors—is opening a new location in Denton County. The American Heart Association/American Stroke Association has created a website with an interactive map to assist people searching for heart disease and stroke care. Irving-based The LaSalle Group plans to build a memory care assisted-living community that will… Full Story