Senior living operator to pay $59,000 in back wages, $7,000 in penalties for wage violations
By
Kimberly Bonvissuto
Nov 14, 2023
A Mississippi senior living operator must pay $59,000 in back wages for repeatedly shortchanging workers, plus an additional $7,000 in penalties for repeated violations, according to the Department of...
Assisted living, but not skilled nursing, may benefit from tax law deduction
By
Lois A. Bowers
Aug 13, 2018
Assisted living communities may be able to take advantage of a 20% business income tax deduction in the 2017 Tax Cuts and Jobs Act that may elude skilled nursing facilities, according to AHCA/NCAL’s...
Two major kidney care providers join forces in equipment-sharing deal
By
Diane Eastabrook
Mar 24, 2021
he nation’s two largest kidney care providers are teaming up to expand in-home dialysis services across the U.S.
GAO: Centralized, promoted information would help assisted living operators in rural areas
By
Lois A. Bowers
Jun 25, 2019
A report released Monday by the Government Accountability Office suggests ways that assisted living communities and other aging services providers could be better served by the federal government.
Court approves $63 million plan for LCS to buy debt-ridden CCRC
By
Kathleen Steele Gaivin
Jan 04, 2024
A New York continuing care retirement / life plan community has been approved for sale to Life Care Services for $63 million after it had filed for bankruptcy protection for the third time in nine years...
Amazon commits $21M to pilot program for real estate developers of color
By
Kathleen Steele Gaivin
Jan 07, 2022
E-commerce tech company Amazon has launched a multimillion dollar program to help real estate developers of color advance their careers in the industry.
2 billion 50+ adults will generate $43 billion in economic activity by 2050, providing opportunities...
By
Kimberly Bonvissuto
Jan 10, 2023
Aging is a growth market. With the planet inching toward a population of older adults at 2 billion, $43 trillion in economic activity is going to be generated by people aged more than 50 years old around...
Assisted living grant scheme leads to potential $1 million fine, 30-year prison term
By
Kimberly Bonvissuto
Jul 22, 2020
A woman is facing 34 counts of bank fraud for falsely claiming she could help individuals and organizations secure federal grants to build assisted living communities and affordable housing, according...
Assisted living operators must implement plans to prevent social isolation under new law
By
Kimberly Bonvissuto
Oct 27, 2020
A bill requiring long-term care facilities, including assisted living communities, to prevent social isolation in residents was signed into law Friday in New Jersey.
Midterm election results take Medicaid cuts off agenda for Congress, advocates believe
By
Lois A. Bowers
Nov 08, 2018
The outcome of the federal midterm elections makes it less likely that Medicaid funding cuts will be on the agenda for the next Congress, organizations representing senior living operators believe. Concerns...