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...
MFCU efforts result in 20 convictions, $9.41 million in recoveries related to assisted living in FY 2023:...
By
Lois A. Bowers
Mar 18, 2024
Efforts by state Medicaid Fraud Control Units resulted in a total of 20 criminal convictions and $9.41 million in criminal case recoveries related to assisted living in fiscal year 2023, according to a...
‘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...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
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...
‘Plain vanilla’ senior living still won’t do
By
Lois A. Bowers
Dec 18, 2023
As McKnight’s Senior Living turns 20, Bob Kramer discusses how operators must customize and personalize their offerings to attract and keep residents.
‘Joint employer’ rule effective date extended by NLRB
By
Lois A. Bowers
Nov 17, 2023
The National Labor Relations Board has extended the effective date of its “joint employer” rule to Feb. 26, two months later than the original effective date.
Newsweek has announced plans to publish its first-ever ranking of US continuing care retirement communities, with results based on surveys that are underway.
What’s next after NIC for Brian Jurutka
By
Lois A. Bowers
Aug 14, 2023
Brian Jurutka, former president and CEO of the National Investment Center for Seniors Housing & Care, has started a new chapter in his career, and it’s one that will enable him to continue to use data...
New law ‘ensures future viability’ of CCRCs, provider and resident groups say
By
Lois A. Bowers
Jun 28, 2023
A bill signed into law Monday by Gov. Ron DeSantis (R) will help ensure the future viability and financial strength of the continuing care retirement / life plan community model in Florida, according to...