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...
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...
Treasury proposes privatizing Fannie Mae, Freddie Mac
By
Lois A. Bowers
Sep 09, 2019
The Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) would be privatized under a 53-page plan released Thursday by the Treasury Department to...
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...
A Place for Mom agrees to settle lawsuit for $6 million
By
Lois A. Bowers
Aug 28, 2019
Seattle-based senior living and care referral service A Place for Mom has agreed to settle for $6 million a putative class action lawsuit that claims the company violated the Telephone Consumer Protection...
‘Best workplaces’ lists shine spotlight on senior living successes
By
Lois A. Bowers
Aug 23, 2019
Senior living organizations’ successes in addressing the industry’s top challenge — recruiting and retaining employees — were the center of attention Thursday as Great Place to Work and Fortune...
Healthcare, real estate and the Stanley Cup
By
Lois A. Bowers
Aug 14, 2019
Debra A. Cafaro, chairman and CEO of real estate investment trust Ventas Inc. recently spent a few minutes answering questions for McKnight’s Senior Living about the middle market, sustainability and...
Poll: 82% of pet owners won’t move to senior living without their animals
By
Lois A. Bowers
Aug 14, 2019
In a recent survey of older adults, 70% of pet owners said their animals are a deciding factor in where they will live as they age, and 82% of them said they would not consider moving to a senior living...