Senior living parent companies form ‘game-changing’ drug company
By
Lois A. Bowers
Jan 24, 2018
Four healthcare giants — among them the parent companies of senior living community operators — have joined together to form a new nonprofit generic drug company that will aim to benefit senior living...
Employers that offer paid leave can get tax break under new law
By
Lois A. Bowers
Jan 24, 2018
A provision in the Tax Cuts and Jobs Act offers a tax credit to employers that offer paid family and medical leave for lower-wage workers — under certain conditions.
Owners re-examine financing options after tax bill passage
By
Lois A. Bowers
Jan 10, 2018
Passage of the Tax Cuts and Jobs Act has changed the financing landscape, but several options remain for senior living operators.
Housing Trust Fund bill conveys threat to affordable housing
By
Lois A. Bowers
Dec 11, 2017
Even though a bill negatively affecting the Housing Trust Fund and being considered this week by the House Financial Services Committee may not pass as written — or at all, it is more proof that threats...
Fannie Mae, Freddie Mac re-enter LIHTC market
By
Lois A. Bowers
Nov 28, 2017
The Federal Housing Finance Agency has granted Fannie Mae and Freddie Mac limited re-entry into the Low Income Housing Tax Credit market as equity investors.
Former caregiver gets six-month sentence after resident’s freezing death
By
Lois A. Bowers
Nov 16, 2017
A former caregiver at a Michigan assisted living and memory care community was sentenced to six months in prison Tuesday for her role in the death of a resident with dementia who froze to death after exiting...
Florida assisted living and nursing home operators say they will avoid potential $1,000-per-day fines and loss of licensure after an appeals court Tuesday handed down a decision that emergency rules requiring...
Universities study robots to help senior living residents
By
Lois A. Bowers
Nov 15, 2017
Independent living and assisted living communities are serving as testing grounds as researchers try to develop robots that humans can trust and respond to as companions and caregivers. Researchers hope...
Anthem making ‘good progress’ on challenges, LTC CEO says
By
Lois A. Bowers
Nov 10, 2017
Anthem Memory Care is making “good progress” addressing financial, occupancy and staffing issues previously identified by LTC Properties, the healthcare real estate investment trust’s...
HUD accepting comments on $15 million supportive services pilot project
By
Lois A. Bowers
Oct 25, 2017
A $15 million, three-year U.S. Department of Housing and Urban Development project that will test the ability of an enhanced supportive services model to help elderly residents of affordable housing properties...