Brookdale Senior Living announces annual meeting date, prepares for proxy contest
By
Lois A. Bowers
Sep 19, 2019
Brookdale Senior Living’s annual meeting will be Oct. 29, the company said in a Wednesday filing with the Securities and Exchange Commission of definitive proxy materials that include arguments to shareholders...
New law meant to help regulators approve, deny operating licenses
By
Lois A. Bowers
Sep 16, 2019
A new law amending the Health and Safety Code in California should help state regulators determine which applications to operate assisted living communities to approve and which to deny, according to one...
Former Fed Chair Janet Yellen talks about recession, minimum wage, immigration, entitlements and ‘root...
By
Lois A. Bowers
Sep 13, 2019
Janet Yellen hit on numerous topics Thursday in the opening session of the National Investment Center for Seniors Housing & Care Fall Conference.
Meal breaks can’t be deducted automatically, Labor Department tells operator, which must pay $400,000
By
Lois A. Bowers
Sep 13, 2019
A Michigan operator will pay $400,007 in back wages to employees of two senior living and care communities after automatically deducting time for meal breaks from their recorded work time even when the...
Philip Esformes sentenced to 20 years in prison in healthcare fraud case
By
Lois A. Bowers
Sep 12, 2019
Former Florida assisted living and skilled nursing facility owner Philip Esformes has been sentenced to 20 years in prison for his role in a case that the federal government continues to describe as “the...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
Affiliations pose risk to Medicaid, Medicare participation under new CMS rule
By
Lois A. Bowers
Sep 06, 2019
Under a final rule issued Thursday, Centers for Medicare & Medicaid Services can deny or revoke Medicaid and Medicare program enrollment from providers and suppliers if an owner or manager is directly...
Man faces federal charge for threatening Jewish community center campus with senior living
By
Lois A. Bowers
Aug 30, 2019
Federal authorities on Thursday announced a charge against an Ohio man they say posted a video on Instagram referring to himself as a white nationalist and appearing to threaten the Jewish Community Center...
More news for Friday, Aug. 30
Aug 30, 2019
1 year later: An update on the Welltower-ProMedica partnership … New York Times opinion piece says assisted living is “how not to grow old in America” … Drinking coffee may ease tremors in...
A Place for Mom agrees to settle lawsuit for $6 million
By
Lois A. Bowers
Aug 28, 2019
Seattle-based senior living and care referral service A Place for Mom has agreed to settle for $6 million a putative class action lawsuit that claims the company violated the Telephone Consumer Protection...