REIT investments suggest a healthy future for senior living
By
Lois A. Bowers
Jul 31, 2017
Back-to-back earnings calls Friday morning suggested a healthy future for senior living operators, as two large public healthcare real estate investment trusts relayed the growing place that senior living...
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,”...
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...
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...
$60 million lawsuit alleges memory care understaffing, false billing
By
Lois A. Bowers
Jul 11, 2017
Forty-five senior living communities in North Carolina have defrauded the state and federal governments of more than $60 million by submitting claims for personal care services that, based on staffing...
Education will help address memory care supplement issues: GAO
By
Lois A. Bowers
Jun 15, 2017
Do you know of any senior living residents taking supplements believing that they will prevent memory-related diseases? If so, a new report from the Government Accountability Office suggests that they...
Sen. Grassley demands details of community’s HR, social media policies after worker arrest
By
Lois A. Bowers
Mar 30, 2017
The chairman of the Senate Judiciary Committee is seeking details of a Florida memory care community’s human resources and social media policies after a worker there allegedly secretly recorded two...
The hottest markets for senior living
By
Lois A. Bowers
Mar 26, 2017
National Investment Center for Seniors Housing & Care Senior Principal Lana Peck revealed the areas of the country with the most new construction for independent living, assisted living and memory care...
Payers ‘can’t ignore assisted living,’ former senators say
By
Lois A. Bowers
Mar 27, 2017
Former Sens. Tom Daschle and Bill Frist showed prescience at the NIC Spring Investment Forum when they said that any reform to the Affordable Care Act would need bipartisan support to be successful. They...
National study of cognitive therapy begins at senior living communities
By
Lois A. Bowers
Mar 12, 2017
Can a cognitive rehabilitation therapy from Japan alleviate symptoms such as apathy and depressed mood and improve quality of life and cognitive and physical functioning in older adults who have mild to...