The two nursing homes are among 20 Pennsylvania facilities run by Oak Health & Rehabilitation Centers Inc., which was formed in 2014 to take over their operations from Extendicare, a Canadian company with a troubled history in the United States. Oak's landlord put the company into receivership in September after it got into financial trouble.
The Philadelphia College of Osteopathic Medicine received approval from its accreditation agency to open a new medical school in southwestern Georgia, with the goal of training doctors to serve rural communities. The new campus will supplement an existing branch campus near Atlanta.
CVS's agreement to buy Aetna for $69 billion may not pan out if consumers reject the restrictions the deal puts on them or dislike the idea of a pharmacy as their hub for care. One expert said there will be tension that could be overcome by convenience and lower prices for health care.
Three nonprofits confirmed they are in talks with Pennsylvania Department of Human Services officials to step into the breach created by Blossom Philadelphia's decision to stop providing residential services for intellectually disabled adults.
Genesis HealthCare received a warning that it was out of compliance with New York Stock Exchange listing requirements because its share price averaged less than $1 for 30 consecutive trading days. The nursing-home company has six months to get back in compliance.
A federal audit published Tuesday said New Jersey claimed $300.5 million in unallowable costs to Medicaid for special-education services, plus an additional $306.5 million in reimbursements using payment rates based on costs that were not properly established.
Under pressure from regulators, Blossom Philadelphia will transfer responsibility for the 89 intellectually disabled adults it serves in community homes to other service providers. The services at Blossom's residences will be transferred to other providers.
Blossom Philadelphia's population of 89 adults with intellectual and developmental disabilities includes 18 former residents of Chester County's notorious Pennhurst State School and Hospital, which was closed 30 years ago this month after more than a decade of legal battles. Conditions at Blossom violate terms of a 1985 consent decree governing the care of former Pennhurst residents, an official monitor said, but it is not clear how quickly anyone will act to enforce the decree.
I write about the business side of health care, higher education, and the broader nonprofit sector, with occasional forays into the food and alcoholic beverage industries.