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...
Just the beginning for middle market push
By
Lois A. Bowers
Sep 16, 2019
We’ve read — and McKnight’s Senior Living has written — much about the growing need for senior housing for middle-income older adults since April. Interest has not abated.
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...
Admissions and the multi-location trap: Don’t fall into it
By
Darren Mathis
Sep 12, 2019
Many communities with expanding portfolios continue to handle the extremely sensitive admissions process manually, on paper. Is this a problem? Yes, and here’s why.
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...
Redefining aging
Sep 04, 2019
Twelve residents at Ovation’s Chai Point in Milwaukee participated in photographer Heidi Wagner’s Passions Project last week. Find out more, and learn how to submit your photos!