LYCOS RETRIEVER 
Health Care Reit: Owings Mills
built 678 days ago
Integrated Health Services, an Owings Mills, Md.-based post-acute provider, said it has signed an agreement with Aetna U.S. Healthcare to offer services to more than 161,000 skilled-nursing-facility residents in Delaware, Massachusetts and Pennsylvania. Under the five-year agreement, Aetna's Medicare HMO enrollees in those states will have their patient-care and preventive services coordinated by IHS geriatric nurses and by Aetna case managers. IHS provides post-acute services, including subacute care, assisted living, skilled nursing and home care, at more than 1,000 sites in 40 states.
Source:
Health Care REIT Inc. announced the appointment of Jeffrey R. Otten to its Board of Directors. Mr. Otten brings over 30 years of health care experience focused on high quality, cost efficient medical services. Mr. Otten has been responsible for the financing, programming, design and construction of over one million square feet of diverse health care space, including ambulatory care and intensive care units, operating rooms and research space.
Source:
Integrated Health Services led a sharp rebound by several health care service providers last week as $ 30 million of the company's bank debt changed hands at 91 1/2-93 in secondary trading. Bankers noted IHS was trading up from a low point of 88 1/2 three weeks ago and said efforts by health care companies to attract the government's attention to their plight had improved investor sentiment in the sector.
Source:
Health Care Property's $300 million of 5.95 percent notes due in 2011 traded last week at 100.26 cents on the dollar to yield 5.89 percent, according to Trace, the bond-price reporting system of the NASD. The yield spread was 1.15 percentage points.
Source:
MORE ABOUT
Owings Mills