Author Archives: Sally McMahon

Onex explores $1 billion sale of its ResCare holding

ResCare, which provides home care services to the elderly and disabled, is in the early stages of exploring a sale that could fetch more than $1 billion, according to Reuters. The Louisville, Kentucky-based company, which is owned by Canadian private equity firm Onex Corp (OCX.TO), is working with investment banks Goldman Sachs Group (GS.N) and Jefferies Investment Banking on the potential sale, sources said, asking not

A choice no one should have to make

By Angela Young It may come as a surprise that arthritis is one of the most common illnesses among Kentuckians with more than one million residents suffering from arthritis or related diseases. In fact, Centers for Disease Control data shows that arthritis is the leading cause of disability in our country as conditions like rheumatoid arthritis, psoriatic arthritis, juvenile arthritis, lupus and other severe forms can

Medicaid managed-care forums for health-care providers to be held around Kentucky in next six weeks

The Cabinet for Health and Family Services has scheduled a new round of forums for health-care providers in each of the eight Medicaid regions during August and September. The forums will be attended by senior officials from CHFS, including cabinet Secretary Audrey Tayse Haynes, Medicaid Commissioner Lawrence Kissner, Public Health Commissioner Dr. Stephanie Mayfield and Behavioral Health

XLerateHealth accelerator announces second incoming class

XLerateHealth (, a Louisville-based accelerator for early-stage, health-related companies, announced it has selected eight companies to participate as part of its second class. The accelerator’s 13-week intensive immersion program will begin August 4, 2014 and run until “Demo Day” on October 30, 2014. Selected companies include:   Blue Sky Case Management, Louisville, KY: Blue Sky Case Management

UofL School of Nursing receives nearly $700,000 from the Health Resources and Services Administration

More than a dozen University of Louisville School of Nursing master’s degree students will receive substantial assistance to pay for their education. The Health Resources and Services Administration has awarded the school a two-year $670,000 Advanced Nurse Education Traineeship Grant to help 15 current and new family nurse practitioner (FNP) and adult-gerontology nurse practitioner (AGNP)

Cedar Lake Acquires Five HUD Homes

Cedar Lake, a non-profit care provider for adults with intellectual and developmental disabilities, has acquired five Housing and Urban Development (HUD) homes located in Jefferson County. Cedar Lake Residences (CLR) moved clients into two of the homes in mid-July, and will move additional CLR clients in the other three homes over the next several months. The