Long-term care industry expresses disappointment as Congress passes stimulus bill
By
Amy Novotney
Dec 22, 2020
Both the House and Senate on Monday night approved a $900 billion COVID-19 stimulus package that will provide direct payments and jobless aid to Americans as well as needed funding for small businesses...
Assisted living company owner linked to Trump-Russia investigation indicted for alleged $1.2 million...
By
Lois A. Bowers
Feb 08, 2019
A South Dakota businessman alleged to be a potential link between the Trump campaign and the Russian government has been indicted on 11 unrelated counts of wire fraud and money laundering in part for allegedly...
Seniors housing — and a whole lot more
By
Lois A. Bowers
Oct 03, 2017
Action Pact CEO Steve Shields talks about an integrated concept that just might redefine the sector.
Sabra waits on Enlivant joint venture, puts acquisition pipeline at $1 billion
By
Lois A. Bowers
Feb 25, 2020
Sabra Health Care REIT will not pursue a new joint venture with senior living operator Enlivant for now, the real estate investment trust’s CEO and chairman, Rick Matros, said Monday.
White House recognizes assisted living’s ‘critical importance’ as aging services provider
By
Kimberly Bonvissuto
May 05, 2021
An announcement from the federal government about the release of $1.4 billion in funding from the American Rescue Plan for programs affecting older adults for the first time acknowledges assisted living...
CMS extends deadlines for HCBS settings rule due to COVID-19 concerns
By
Lois A. Bowers
Jul 15, 2020
Citing concerns related to the coronavirus, the Centers for Medicare & Medicaid Services on Tuesday said it would give states an additional year to comply with a settings rule related to the provision...
Supreme Court arbitration ruling allows employers to prohibit class action lawsuits by workers
By
Lois A. Bowers
May 22, 2018
Private companies can include arbitration clauses in employment contracts to prohibit employees from filing class action lawsuits against them to fight perceived federal wage and hour and other labor law...
HCP sets a course for the future as it reduces exposure to Brookdale
By
Lois A. Bowers
May 04, 2018
It may be several years before demand catches up with supply in senior housing, but HCP expects to outperform the competition through five major initiatives, Executive Vice President and Chief Investment...
Provider group ‘optimistic’ about tax law benefits for senior housing and care operators
By
Lois A. Bowers
Apr 23, 2018
A Friday meeting with officials from the Office of Management and Budget left AHCA / NCAL President and CEO Mark Parkinson “optimistic” that assisted living and skilled nursing operators will...
Senators pledge to fight proposed NIH budget cuts
By
Lois A. Bowers
Mar 29, 2017
Cutting the National Institutes of Health budget by $5.8 billion as proposed by President Donald Trump would be a setback to dementia research and “is the last thing we should do,” Sen. Susan...