CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Medicaid LTSS spending continues shift toward HCBS for older adults
By
Kimberly Bonvissuto
Oct 23, 2023
Medicaid long-term services and supports spending continues to shift toward home- and community-based services, including services provided in assisted living communities, according to two new reports...
Affordable senior housing operators get $160 million as advocates fight to expand offerings
By
Kimberly Bonvissuto
Oct 05, 2023
Twenty-five nonprofit affordable senior housing providers, including 11 members of LeadingAge, are on the receiving end of $160.1 million from the federal government to create new housing or redevelop...
Industry advocates join coalition to support federal bill requiring use of Alzheimer’s detection tools
By
Kimberly Bonvissuto
Oct 04, 2023
A bipartisan bill requiring the use of cognitive impairment detection tools in the early detection of Alzheimer’s disease and related dementias has the support of the senior living industry.
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...
Updated: Philip Esformes reaches plea deal with federal prosecutors on remaining charges in landmark...
By
Lois A. Bowers
Feb 02, 2024
Philip Esformes, the assisted living community and nursing home owner charged in 2016 in a $1.3 billion healthcare fraud case that the federal government at the time called “the largest healthcare fraud...
Operators hit with fees for ‘misuse’ of 911 for nonemergency calls
By
Kimberly Bonvissuto
Jan 18, 2024
A relatively new ordinance in one Michigan city is getting pushback from some senior living communities that are being charged for nonemergency 911 calls. The ordinance, they say, does not distinguish...
‘Exponential’ increase in bed rail deaths leads to alerts from federal, state authorities
By
Kimberly Bonvissuto
Oct 24, 2023
An “exponential” increase in the number of deaths and serious injuries tied to bed rails in assisted living communities and other long-term care facilities has led Minnesota health officials to issue...
Provider’s intergenerational day care, preschool create awareness around senior living
By
Kimberly Bonvissuto
Sep 20, 2023
After six successful years of running an intergenerational day care program within a senior living community, Perry Lutheran Homes, Perry, IA, launched a new preschool program to further integrate into...
Wellness remains top priority in senior living, bridging gap between hospitality, medical models
By
Kimberly Bonvissuto
Apr 15, 2024
Wellness remains a top priority among senior living and care leaders, as well as community groups that serve older adults, according to the latest report from the International Council on Active Aging.