In a sign of the growing momentum to increase home- and community-based services (HCBS) Sen. Bob Casey, chairman of the U.S. Senate Special Committee on Aging, on Thursday introduced legislation to expand...
Private equity’s Pharos Capital Group secures another home health deal
By
Diane Eastabrook
Apr 14, 2021
In another sign that mergers and acquisitions are heating up, Dallas and Nashville-based private equity firm Pharos Capital Group has added another hospice and home healthcare agency to its stable of businesse
White House topline funding requests include $180 million for new affordable senior housing
By
Kimberly Bonvissuto
Apr 12, 2021
A $9 billion increase in federal funding to increase the supply and improve energy efficiency in affordable senior housing as well as to end homelessness are part of a White House discretionary funding...
Providers victims of politics in ‘unfortunate’ repeal of COVID immunity protections, industry rep...
By
Kimberly Bonvissuto
Apr 12, 2021
Assisted living and other long-term care operators are the victims of politics via legislation signed last week by New York Gov. Andrew Cuomo that repeals blanket immunity protections for pandemic-related...
Former assisted living owner indicted for diverting $800,000 in residents’ benefits for personal expenses
By
Kimberly Bonvissuto
Apr 09, 2021
A federal grand jury has indicted the former owner of a Virginia assisted living community on 13 counts of wire fraud and two counts of making false statements for allegedly diverting $823,374 in federal...
Criminal recoveries for Medicaid fraud in assisted living top $1 million again due to case discovered...
By
Lois A. Bowers
Apr 08, 2021
Fallout from a Medicaid fraud case discovered because of a murder at an assisted living community had an outsized effect on fraud-related criminal monetary recoveries by state Medicaid Fraud Control Units...
$100 million boost from HHS will expand COVID-19 vaccine access for independent living residents, others
By
Kimberly Bonvissuto
Apr 07, 2021
The federal government is providing almost $100 million in grants to states and territories to increase COVID-19 vaccinations among older adults in independent living communities, affordable senior housing...
HUD more than doubles allocation for affordable housing to almost $700M through Housing Trust Fund
By
Kimberly Bonvissuto
Apr 07, 2021
The federal government is more than doubling its funding for “deeply affordable housing” in announcing an almost $700 million allocation for the national Housing Trust Fund.
In move that may serve to grow its workforce, California’s Mission Healthcare purchases university...
By
Diane Eastabrook
Apr 07, 2021
One of California’s largest home health, hospice and palliative care providers continues to expand. Mission Healthcare has announced the acquisition of Loma Linda University Medical Center Home Health.
Welltower, Sabra see meaningful improvement in March occupancy
By
Amy Novotney
Apr 07, 2021
Following a decline in occupancy in early March, real estate investment trust Welltower saw spot occupancy increase in recent weeks, with an approximate gain of 30 basis points (0.3%) since March 12. That’s...
