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Always remember this about risk management: the first word.

These days, senior living operators in just about every state are tapping into Medicaid payments. And more than a few players are not content to stop there.

If you can deliver post-acute care at a lower cost than the skilled care joint down the street, you just might find yourself swimming in a very nice new revenue stream.

In a year already brimming with regulatory victories, Monday’s win might prove to be the biggest of them all.

Long-term care could be made better with funding from Congress. But for now, it appears we’ll have to settle for a congressional commission.

Like the citizens of Troy who failed to realize a hollow wooden horse contained something terrible, senior living operators have ignored the real threat Medicaid might unleash: federal rules and regulations.

With the Trump administration’s proposed budget for fiscal year 2018, it’s guns versus butter, and guns are now in the lead, right? Not exactly.

We’ve all seen those horror films where the villain appears to be terminated — only to return for more. A real-live version of this scenario may be playing out in Washington.

The new boss at Health and Human Services is on a mission.

Assisted living operators increasingly are serving residents with severe physical and cognitive challenges, are accepting Medicaid dollars and are getting into trouble while doing so. In other words, they...