Omega Healthcare Investors sees positive momentum with agency labor use down, occupancy up
By
Kimberly Bonvissuto
May 06, 2024
Omega Healthcare Investors sees positive momentum in its core portfolio of senior living communities and skilled nursing facilities as agency labor use declines and occupancy continues its steady improvement,...
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...
Atria CEO talks about confronting questions, preparing for future of senior living
By
Lois A. Bowers
Apr 22, 2024
New Atria CEO Holly Belter-Chesser recently took a few minutes to share her thoughts with McKnight’s Senior Living about the company, the industry and the future of senior living.
Bill promises ‘generational investment’ in senior living and care workforce
By
Kimberly Bonvissuto
Apr 17, 2024
Proposed federal legislation would make a “generational investment” in the senior living and care workforce at a time when the aging population is growing exponentially and an increasing number of...
Brookdale’s staffing algorithm under fire for alleged chronic understaffing of communities
By
Kimberly Bonvissuto
Apr 02, 2024
One national senior living company’s staffing algorithm drew repeated complaints from building managers for failing to capture the nuances of caring for older adults, leading to residents going without...
CMS proposal would be ‘major financial burden’ for CCRCs, residents, organizations say
By
Lois A. Bowers
Jan 17, 2020
A Centers for Medicare & Medicaid Services regulation effectively proposing new Medicaid taxes could “lead to a major financial burden” for continuing care retirement communities and residents —...
27 members of Congress urge CMS to withdraw proposed Medicaid Fiscal Accountability Regulation
By
Lois A. Bowers
Feb 14, 2020
A bipartisan coalition of 27 members of the House of Representatives is asking the Centers for Medicare and Medicaid Services to withdraw its proposed Medicaid Fiscal Accountability Regulation.
NY assisted living providers hopeful for rate bump for Medicaid-funded program
By
Kimberly Bonvissuto
Mar 20, 2024
While New York State nursing homes are hoping to make up Medicaid funding shortfalls 16 years in the making, senior living providers are hopeful that a comparable Medicaid increase for the Medicaid-funded...
Association makes case for protecting life plan communities
By
Kimberly Bonvissuto
Sep 18, 2020
Realizing Florida’s continuing care retirement communities would be placed in an untenable position due to a proposed federal rule affecting the Medicaid program, LeadingAge Florida knew it had to act.
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...