Pandemic has distinct effects for independent living and middle-market senior living operators, REITs...
By
Kimberly Bonvissuto
Lois A. Bowers
May 11, 2020
Operators of independent living communities and operators of senior living communities targeting middle-income individuals have experienced the COVID-19 pandemic in ways that differ from other senior living...
Federal government takes action as long-term care providers face supply shortages in coronavirus fight
By
Lois A. Bowers
Mar 19, 2020
Provider groups were eagerly awaiting guidance that ultimately came from the Centers for Disease Control and Prevention on Wednesday to help maximize personal protective equipment for those who need it...
CareTrust REIT: Fewer ‘meaningful opportunities’ in senior housing
By
Lois A. Bowers
Feb 24, 2020
“There are plenty of assisted living and memory care deals out there right now, but most don’t fit with our or our operators’ objectives. So meaningful opportunities for us in that asset class...
Medicaid block grants will help address ‘looming cost crisis’ due to aging population, CMS says
By
Lois A. Bowers
Jan 31, 2020
The Medicaid block grant program announced Thursday by the Centers for Medicare & Medicaid Services won’t directly affect elderly and disabled beneficiaries, CMS Administrative Seema Verma said, but...
‘Replace denial with proposal’ on long-term care, House committee told
By
Lois A. Bowers
Nov 15, 2019
Congress must “replace denial with a detailed, bipartisan legislative proposal on long-term care” to address the needs of a growing older population facing high costs for healthcare and housing, Robert...
Manslaughter, $2.1 million in Medicaid fraud among 76 charges filed against assisted living facility...
By
Lois A. Bowers
Sep 26, 2019
Minnesota Attorney General Keith Ellison said he is “aggressively prosecuting” cases against the former owner and nine former managers or employees of a now-closed assisted living facility who have...
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.
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...
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...
Florida assisted living communities challenged by staffing, Medicaid, study confirms
By
Lois A. Bowers
Apr 16, 2019
Staffing and Medicaid reimbursement were two pressing issues for operators that emerged from a recent survey commissioned by the Florida Assisted Living Association, the organization’s CEO, Shaddrick...