Category: Industry News

Nursing Home Giant PACS Delays 1Q earnings

The PACs group of nursing home operator postponed the release of their first quarter earnings for this year. PACS has now missed filing there financial results for three straight quarters. This is a mandatory requirement for publicly traded companies. This is not the first time PACs have postponed the disclosure of their earnings. In Q3

Medicaid Cuts Will Hurt

In its 60 years, Medicaid has swelled from a small program that provided medical care to poor Americans receiving cash assistance to the largest source of public insurance. It covers 72 million Americans, about one-fifth of the population. It pays for about half of all nursing care in the United States, and 40 percent of all births.

HUD Hacked

A video depicting Trump and Musk played on monitors in the headquarters of the U.S. Department of Housing and Urban Development. The video appeared to have been generated by artificial intelligence.

$15 Million Awarded in Highway Collision

$42 Million Given Back for over 8,000 Investors

$1.05 Million Largest Nursing Home Jury Award in Spartanburg History

$2.32 Million in “Unprecedented” Jury Award Against Nuisance Landfill

$42 Million Given Back for over 8,000 Investors

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