$60 million lawsuit alleges memory care understaffing, false billing
By
Lois A. Bowers
Jul 11, 2017
Forty-five senior living communities in North Carolina have defrauded the state and federal governments of more than $60 million by submitting claims for personal care services that, based on staffing...
The Department of Health and Human Services is extending until Aug. 28 the deadline for eligible state Medicaid providers, including assisted living operators, to apply for monies from the Coronavirus...
3 new dementia studies of note
Oct 27, 2015
New research quantifies costs associated with dementia care compared with other diseases and offers a little good news for those with Lewy body dementia or Alzheimer’s disease.
Alzheimer’s cure would result in assisted living losses of $16 billion in annual revenues, 110,000...
By
Lois A. Bowers
Sep 17, 2019
A “novel, simple and fast-acting” cure for Alzheimer’s disease would be a “medical miracle” but would result in a loss of $16.3 billion in annual revenues for the assisted living industry, according...
Public policy issues on agenda for Argentum ‘fly-in’
By
Lois A. Bowers
Sep 19, 2016
Approximately 100 senior living CEOs, senior vice presidents, executive directors and other leaders, as well as Argentum staff members, are descending on the nation’s capital Tuesday and Wednesday...
Cap rates increase by 74 basis points across all segments of senior living and care
By
Kathleen Steele Gaivin
Jan 03, 2024
The average senior housing and care capitalization rate across all segments increased by 74 basis points between April and October, according to results of the 13th edition of CBRE’s US Senior Housing...
Largest senior living providers in 2017 named by Argentum
By
Lois A. Bowers
Nov 15, 2017
This year’s list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.
Senior living community will ‘vigorously’ defend itself in wrongful termination lawsuit
By
Kimberly Bonvissuto
Jun 02, 2022
The owner of an Iowa assisted living and memory care community says the company will “vigorously” defend itself in a wrongful termination lawsuit from a former resident assistant who alleges she was...
CMS dementia care pilot program to expand care delivery options
By
Kimberly Bonvissuto
Aug 01, 2023
Assisted living residents may be part of a new Medicare dementia care model that will test an alternative payment for family caregivers while expanding care delivery options to allow people living with...
‘Better business model’ needed for dementia care, Senate committee hears
By
Lois A. Bowers
Nov 21, 2019
A “better business model for the diagnosis and care of persons with Alzheimer’s disease” needs to be created, Jason Karlawish, M.D., said Wednesday at a Senate Finance Committee Subcommittee on Health...