Former senior living executive to repay $74 million to defrauded investors
By
Kimberly Bonvissuto
Oct 31, 2023
A former senior living executive, whose prison sentence for fraud was commuted by former President Trump as he left office, still must repay more than $74 million in restitution to his more than 1,400...
NHI performance better than expected thanks to record rent repayments, occupancy gains
By
Kimberly Bonvissuto
Nov 09, 2023
National Health Investors’ third-quarter results exceeded its expectations, due to strong rent collections, record repayment of rent deferrals and no unexpected rent concessions for operators, according...
Brookdale continues occupancy momentum in post-COVID era
By
Kimberly Bonvissuto
Dec 11, 2023
Brookdale Senior Living reported its 25th consecutive month of year-over-year weighted average occupancy growth in an update released Friday.
Brio pilots Balanced Living program for individualized care, long-term profitability
By
Josh Henreckson
Jan 23, 2024
A new eldercare pilot program will bring more holistic and individualized care to residents across the continuum, including high-need long-term care residents, organizers say.
Medicaid Access Rule review completed by White House
By
Lois A. Bowers
Apr 16, 2024
A proposed federal rule establishing mandatory quality measures for home- and community-based services and requiring providers to allocate 80% of HCBS payments to direct care worker pay is one step closer...
Proposed nursing home staffing mandate would hurt senior living providers ‘fishing from the same...
By
Kimberly Bonvissuto
Nov 07, 2023
CHICAGO — Even though the staffing mandate proposed by the Centers for Medicare & Medicaid Services directly would apply only to nursing homes, senior living providers as well as providers across the...
Winning bidder identified for large nonprofit CCRC in bankruptcy
By
Kimberly Bonvissuto
Oct 31, 2023
A winning bidder has been identified for one of the nation’s largest nonprofit continuing care retirement communities, which had declared bankruptcy in June, citing effects of the COVID-19 pandemic.
Empowering ‘deeply undervalued’ caregivers would improve ‘lifeline for older adults’
By
Kimberly Bonvissuto
Jun 28, 2024
Direct care workers and family caregivers remain “deeply undervalued” and often overlooked despite calls for investment in the care economy, according to the authors of a new report.
McKnight’s Women of Distinction class of 2024 welcomes 15 Rising Stars
By
Lois A. Bowers
Feb 13, 2024
Fifteen women working in senior living, skilled nursing or home care are being announced today as Rising Stars and will be feted May 14 as part of the sixth annual McKnight’s Women of Distinction awards,...
Assisted living owner sentenced in $1 million COVID-19 relief fraud case
By
Kimberly Bonvissuto
Jan 12, 2024
The owner of an assisted living community will spend two years in federal prison as part of a plea agreement for fraudulently obtaining more than $1 million in COVID-19 relief funds that he used for personal...