News

Finding A Path Through The Acronym Maze

June 2017, Patrick Connole, Provider - Long term and post-acute care (LT/PAC) providers are accustomed to tracking the many rules and regulations that guide their business strategies when it comes to the Medicare program, from deciphering annual payment rate rules to meeting new quality incentive…

Providers Incited Over Medicaid Provisions In Senate Health Bill

June 23, 2017, James Berklan, McKnight's Long-Term Care News - Senate Republicans emerged Thursday to release details of their health reform bill that would repeal and replace the Affordable Care Act, and providers made no secret out of their displeasure.  The Senate proposal mirrors…

U.S. Senior Housing Investors Sue Alleged Canadian Fraudsters

June 22, 2017, Mary Kate Nelson, Senior Housing News - If a recently filed lawsuit in Illinois is to be believed, a slew of investors were tricked by Canadian fraudsters who proposed a grandiose senior housing joint venture.  Illinois-based developer SSU LLC, which does business as Sunny…

SEC Slaps Senior Housing Developer With EB-5 Lawsuit

June 22, 2017, Tim Mullaney, Senior Housing News - A development group with plans for a $500 million senior housing pipeline now is embroiled in a lawsuit with the Securities and Exchange Commission (SEC), which is alleging that the developer misused tens of millions of dollars raised through…

Provider, Beneficiary Groups Urge CMS To Fix Observation Stays

June 21, 2017, Amy Huaiquil, Provider - Twenty-five provider and beneficiary groups that are part of an observation stays coalition sent a joint letter to…

Don't Like The New Ratings System? Welcome To Our World

June 19, 2017, John O'Connor, McKnight's Long-Term Care News - The content in the angry letter sounded all-too familiar:  "While we continue to be concerned that CMS's methodology is flawed, our concern is amplified by the fact that further analysis performed since the star ratings were first…

False Claims Act settlement To Cost Genesis $53.6 million

June 19, 2017, Emily Mongan, McKnight's Long-Term Care News - Genesis Healthcare Inc. has agreed to pay more than $53 million to settle six lawsuits that alleged the long-term care giant violated the False Claims Act, the Department of Justice 

New Senior’s $640M Holiday Deal Sparks Shareholder Lawsuit

June 18, 2017, Tim Regan, Senior Housing News - A shareholder of New Senior Investment Group (NYSE: SNR) is alleging that some of the company’s executives and board members unfairly used a $640 million acquisition of Holiday Retirement properties to line their own pockets at the expense of…

U.S. Provider Takes Cues From ‘Dementia Village’ Abroad

June 18, 2017, Elizabeth Ecker, Senior Housing News - A concept based on a “dementia village” in The Netherlands will soon become a reality in the U.S. as a way to incorporate on-site reminiscence therapy into daily care for people with Alzheimer’s disease and other forms of dementia.

The…

HUD Releases $219M For Affordable Housing Trust Fund

June 16, 2017, National Low Income Housing Coalition - The National Low Income Housing Coalition (NLIHC) applauds the release of Fiscal Year (FY) 2017 allocations of state-by-state funding levels for the national Housing Trust Fund (HTF) from the Department of Housing and Urban Development…