Former Fed Chair Janet Yellen talks about recession, minimum wage, immigration, entitlements and ‘root...
By
Lois A. Bowers
Sep 13, 2019
Janet Yellen hit on numerous topics Thursday in the opening session of the National Investment Center for Seniors Housing & Care Fall Conference.
CareTrust REIT: Fewer ‘meaningful opportunities’ in senior housing
By
Lois A. Bowers
Feb 24, 2020
“There are plenty of assisted living and memory care deals out there right now, but most don’t fit with our or our operators’ objectives. So meaningful opportunities for us in that asset class...
Assisted living community hit with False Claims Act lawsuit for $1.1 million in Medicaid claims
By
Lois A. Bowers
May 31, 2017
The Maryland attorney general is seeking civil penalties and treble damages to the state in a lawsuit against an assisted living community he says submitted false Medicaid claims totaling $1.1 million...
CMS issues reg requiring COVID-19 vaccination for long-term care workers
By
Lois A. Bowers
Nov 04, 2021
Long-term care and other healthcare facilities that participate in the Medicare and Medicaid programs must develop COVID-19 vaccination policies for their workers by Dec. 5, and all eligible workers must...
CMS-proposed HCBS rules elicit request for extension of comment period from 5 associations
By
Lois A. Bowers
May 22, 2023
The executive directors of five national organizations are asking the Centers for Medicare & Medicaid Services to extend by at least 30 days the comment periods for two proposed rules related to access...
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,”...
CEO who fired himself has advice, predictions for you
By
Lois A. Bowers
Jul 23, 2018
Chances are good that you or someone you know will be in the same position as a Virginia senior living CEO who recently decided to fire himself to try to help the community survive. That CEO has some advice...
House tax bill foes decry potential effects on seniors’ medical costs, housing
By
Lois A. Bowers
Nov 10, 2017
Advocates for senior living and affordable housing have expressed opposition to H.R. 1, the Tax Cuts and Jobs Act, proposed by Republicans in the House of Representatives, because it eliminates the medical...
Pandemic has distinct effects for independent living and middle-market senior living operators, REITs...
By
Kimberly Bonvissuto
Lois A. Bowers
May 11, 2020
Operators of independent living communities and operators of senior living communities targeting middle-income individuals have experienced the COVID-19 pandemic in ways that differ from other senior living...
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...