A $60 million lawsuit alleging understaffing and fraudulent billing at 45 senior living communities in North Carolina “is an erroneous interpretation of Medicaid reimbursement in the state,”...
Senior living executive settles in $3.9 million SEC fraud case
By
Lois A. Bowers
Jul 12, 2017
A South Carolina businessman has settled with the Securities and Exchange Commission after being charged in January in a $3.9 million fraud case for allegedly diverting investor funds meant to buy or renovate...
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...
Elopement in assisted living: Not common, but costly
By
Lois A. Bowers
Nov 03, 2016
Resident elopement may not happen often, but when it does, it may cost assisted living communities a lot of money, according to a newly released analysis of claims data.
Higher staffing levels save one operator millions
By
Lois A. Bowers
Sep 18, 2016
It may seem counterintuitive, but Shamim Wu, president and chief operating officer of memory care provider Silverado, says that one way the company manages expenses is by having staffing levels that are...
Oakmont Senior Living agrees to settle wildfire-related lawsuit
By
Lois A. Bowers
Aug 20, 2018
Oakmont Senior Living has agreed to settle a lawsuit that accused staff members at one of its communities of abandoning residents during an October 2017 wildfire.
Study: Educated financial institution employees save seniors from exploitation
By
Lois A. Bowers
Oct 22, 2019
The AARP and Virginia Tech’s Center for Gerontology recently tested the effectiveness of a training program for bank and credit union employees and said that financial exploitation among customers “greatly...
267 senior living communities named ‘Caring Stars’ for 2018
By
Lois A. Bowers
Nov 09, 2017
Caring.com is releasing its list of reviews-based honorees today, and 267 independent living communities, assisted living communities, memory care communities, care homes or skilled nursing facilities...
Brookdale hit with class-action lawsuit claiming understaffing, ADA violations
By
Lois A. Bowers
Jul 16, 2017
A set of disgruntled residents on Thursday filed what they believe could be the first class-action lawsuit against an assisted living operator to be brought under the Americans with Disabilities Act. Potential...
Memory care will be big growth area in 2018, senior living leaders predict
By
Lois A. Bowers
Feb 14, 2018
Memory care will be the biggest growth area in senior living and long-term care in 2018, predict executives participating in Lancaster Pollard’s “2018 Seniors Housing and Care Survey,”...