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...
Healthcare cost worries may be causing retirees to curtail lifestyle spending
By
Lois A. Bowers
Mar 29, 2024
Concerns about healthcare costs may be leading retirees to spend less and curtail their lifestyles in retirement, according to a new survey.
Congress should create national database about older adults in guardianships, group says
By
Lois A. Bowers
Apr 01, 2024
Congress should create and fund a national database that contains demographic data about older adults who have guardians, recommends a new white paper from Justice in Aging.
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...
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...
More news for Monday, April 1
Apr 01, 2024
April is Care Workers Recognition Month, White House proclaims … Who’s Who in Congress: Elder Justice Policy resource released … Reducing sedentary behavior cuts sitting time, blood pressure in older...
First-ever survey of LGBTQIA+ older adults cheered by senior living provider groups
By
Lois A. Bowers
Jan 29, 2024
A planned first-ever statewide survey of LGBTQIA+ older adults in California is drawing cheers from senior living industry advocates.
McKnight’s Women of Distinction class of 2024 welcomes 15 Rising Stars
By
Lois A. Bowers
Feb 13, 2024
Fifteen women working in senior living, skilled nursing or home care are being announced today as Rising Stars and will be feted May 14 as part of the sixth annual McKnight’s Women of Distinction awards,...
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...
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...