CareTrust REIT is ‘locked and loaded to grow,’ CEO says
By
Lois A. Bowers
May 06, 2024
The overall financial environment, $345 million in cash on hand and an undrawn $600 million line of credit mean that CareTrust REIT is “locked and loaded to grow in a meaningful way for the next few...
Updated: Philip Esformes reaches plea deal with federal prosecutors on remaining charges in landmark...
By
Lois A. Bowers
Feb 02, 2024
Philip Esformes, the assisted living community and nursing home owner charged in 2016 in a $1.3 billion healthcare fraud case that the federal government at the time called “the largest healthcare fraud...
A vision to address the industry’s No. 1 issue
By
Lois A. Bowers
Oct 20, 2022
Vision Centre President and CEO Douglas Olson, PhD, MBA, shares how the new center will try to help operators plan for the next generation of leaders.
Staffing agencies to pay $260,000 for overcharging senior living operators
By
Lois A. Bowers
Jan 29, 2024
Three temporary staffing agencies collectively will pay more than $260,000 to resolve allegations that they charged assisted living communities and nursing homes rates that were higher than the maximums...
43 recommendations help fill gap in medical and mental healthcare guidance for assisted living, experts...
By
Lois A. Bowers
Oct 03, 2022
Forty-three recommendations from a new study will guide medical and mental healthcare in assisted living, the authors say.
‘Joint employer’ rule vacated by judge; business group cheers, NLRB considers next steps
By
Lois A. Bowers
Mar 11, 2024
The US Chamber of Commerce is celebrating, and the National Labor Relations Board is “considering next steps,” after a federal judge on Friday evening vacated the NLRB’s “joint employer” rule...
More than 6 years later, GAO still looking for CMS to act on assisted living recommendation
By
Lois A. Bowers
Mar 19, 2024
The Centers for Medicare & Medicaid Services still has not taken action on a recommendation made by the US Government Accountability Office in a January 2018 report on assisted living, the GAO said in...