Pandemic-Driven Change in Senior Care
This pandemic is lasting longer than some people hoped for, and the longer it does, the greater likelihood of more change. I remember in April talking to a few industry professionals (you know who you are) who thought this “coronavirus thing” would be mostly history by July. So did President Trump. The problem is, hope is never a good business plan. I took the unpopular opinion back then that it was going to be a long, tough slog for the industry. I wish I had been wrong. Because of the pandemic, there have been all sorts of news stories about what is going to happen to the nursing home business. No one can predict the future, not even me. The reality is, however, that the number of beds... Read More »
What’s Wrong with Whistleblower Lawsuits
Consulate Health Care will have to defend itself again over a 2017 judgment. Three years ago, after a 22-day trial, a jury issued a $347.8 million judgment against Consulate Health Care, Florida’s largest nursing home chain. A year later it was overturned. Now, an Appeals court partially reversed the judgment, lowering it to $255 million. While a huge drop, it is still meaningless, because it will never be paid. Consulate was accused of upcoding therapy billing at a few of its nursing facilities. Except that at the time, these facilities were apparently operated by a different company that subsequently purchased Consulate and took on its name. I hate to say it,... Read More »
Federal Oversight Coming To Assisted Living?
Congressional report on assisted living and COVID-19 looks more like a hatchet job than really trying to help. Senators Warren and Markey’s report is in, and try counting how many times the word “federal” was used, as in there are no “federal” reporting requirements, data should be regularly reported to the “federal” government, assisted living facilities should receive support through “federal” programs, and on and on. They had sent a very detailed questionnaire to the 11 largest assisted living operators, and found that 24% of the communities operated by them had at least one positive COVID-19 test, and 8% had outbreaks of at least 10 residents, with positive cases coming in at more... Read More »
Returning Home To Assisted Living
After being pulled out of her assisted living community because of the pandemic, a mother asks to return “home.” In the June issue of The SeniorCare Investor we wrote about how an industry professional lost the argument with his younger sister about moving their mother out of her assisted living community and into the sister’s home. As it turns out, the sister should have listened to him. The sister and her husband were very accommodating, giving up their master bedroom with bath and moving into the guest room. The problem was that this meant the mother was living on the second floor, and since she already had two hip replacements, she was afraid to go up and down the stairs.... Read More »
From Atria Senior Living to Elegance Living
Baltimore, Maryland-based Elegance Living, LLC recently named Josh Krull as its CEO. After 13 years at Atria Senior Living. Most recently serving as Senior Vice President – Operations Chief of Staff, Krull worked closely with Atria’s COO to oversee operations of communities across North America. He will be taking over leadership of a company with 46 communities under management in 16 states and approximately 4,150 units, which include 750 units under development. The new developments are located in California (587 units), Washington (73 units) and Virginia (90 units). Two of the communities in California (in Dublin and Novato) are set to open later this year, as... Read More »Schedule a demo
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