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...
Business briefs, April 8
By
Kathleen Steele Gaivin
Apr 08, 2024
3 defendants sentenced in fraudulent nursing diploma scheme … Payroll employment increased by 303,000 in March: BLS … Fitch Ratings affirms Goodwin Living at BBB+; outlook stable
Arizona AG asks court to seize control of state’s ‘most notorious assisted living facility’
By
Kimberly Bonvissuto
Mar 26, 2024
Arizona’s top attorney is asking a court to seize control of “the most notorious assisted living facility in Arizona” amidst allegations of elder abuse and consumer fraud.
Business briefs, March 25
By
Kathleen Steele Gaivin
Mar 25, 2024
REITs capitalize on aging population with surge of investments in healthcare properties … Phillip Esformes’ fraud case has lessons for assisted living, skilled nursing … Advocates call on state legislature...
‘Essential info’: How senior tech literacy experts are incorporating AI, algorithms into their existing...
By
Aaron Dorman
Mar 22, 2024
An education provider for seniors is now adding a webinar on AI and chatbot tools as part of its scheduled tech literacy programming.
FBI, Justice Department cracking down on PPP loan fraudsters
By
Kathleen Steele Gaivin
Mar 19, 2024
The FBI and Justice Department are reportedly ramping up investigations and prosecutions of companies believed to have fraudulently obtained Paycheck Protection Program loans during the pandemic.
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...
Business briefs, March 13
By
Kathleen Steele Gaivin
Mar 13, 2024
Fillmore Capital Partners gets nursing home fraud suit dismissed … Fortune questions nursing home ownership, quality ties … HHS FY25 budget has $150B for Medicaid HCBS, cybersecurity … CMS delivers...
Business briefs, March 6
By
Kathleen Steele Gaivin
Mar 06, 2024
Senior living residents live longer, access more health services … NY nursing home to pay up to $8.6M, make major reforms to resolve criminal fraud charges … Too many skilled nursing websites show...
False Claims Act settlements, judgments top $2.68 billion, set record for number
By
Lois A. Bowers
Feb 26, 2024
False Claims Act settlements and judgments exceeded $2.68 billion in the fiscal year that ended Sept. 30, with more than $1.8 billion of the total related to matters involving healthcare fraud, including...