2 new laws strengthen reporting, investigation of older adult financial exploitation
By
Kimberly Bonvissuto
Apr 09, 2024
A new law encouraging financial institutions to do more to prevent and report financial exploitation of older adults was prompted by a family’s discovery that their loved one lost more than $3 million...
Congressional hearing on AI in healthcare reinforces push for innovation, regulation
By
Aaron Dorman
Dec 01, 2023
House reps and healthcare leaders gave testimony on the new capabilities AI, and also biases they produce, during a congressional hearing.
Artificial intelligence ‘amplifying’ effect of scams against older adults
By
Kimberly Bonvissuto
Nov 17, 2023
Last year, older Americans reported losing more than $1.6 billion to fraud. And increasingly, scammers are using artificial intelligence to make their schemes more effective.
More news for Friday, Dec. 9
By
Kimberly Bonvissuto
Dec 09, 2022
White House warns companies using AI to develop policies protecting civil rights … Financial adviser sued for bilking assisted living resident out of $400K … Homes, neighborhoods shape older adults’...
Business briefs, Nov. 21
By
Kathleen Steele Gaivin
Nov 21, 2022
Ventas receives ESG award for 6th year in a row … Watercrest chef recognized by Senior Dining Association … Labor Department recovers $1.2M in back wages for 599 home health workers … Unlicensed...
Former operator sentenced to 20 years for neglect, exploitation
By
Kimberly Bonvissuto
Sep 20, 2022
A woman convicted of operating an unlicensed personal care home in Georgia has received a 20-year prison sentence on neglect and exploitation charges.
Criminal recoveries for Medicaid fraud in assisted living top $1 million again due to case discovered...
By
Lois A. Bowers
Apr 08, 2021
Fallout from a Medicaid fraud case discovered because of a murder at an assisted living community had an outsized effect on fraud-related criminal monetary recoveries by state Medicaid Fraud Control Units...
Former Sunwest CEO’s 15-year prison sentence commuted on Trump administration’s final day
By
Kimberly Bonvissuto
Jan 22, 2021
Jon Michael Harder, the former CEO of Sunwest Management convicted of defrauding assisted living community investors of millions of dollars, had his sentence commuted in a last-minute move by now-former...
Philip Esformes appealing $43 million in penalties stemming from fraud conviction
By
Kimberly Bonvissuto
Jan 06, 2021
Former assisted living and skilled nursing facility owner Philip Esformes may have had his 20-year prison sentence for his role in “the largest healthcare fraud scheme charged by the U.S. Justice Department”...
Philip Esformes has 20-year sentence in fraud case commuted by President Trump
By
Lois A. Bowers
Dec 23, 2020
In one of two cases with assisted living connections, President Donald Trump has commuted the sentence of Philip Esformes, the former assisted living and skilled nursing facility owner who was sentenced...