Tax Reform 101 for Senior Housing Developers, Part 2

By Jeremy S. Herman, CPA – Tax Partner with Plante Moran The Tax Cuts and Jobs Act (TCJA), passed just a few days before the close of 2017, is a significant piece of legislation and affects nearly everyone in the senior housing industry — no matter the size, specialty, market or corporate structure. As with […]

Bill to License Assisted Living, Memory Care Communities Introduced in Minnesota

Minnesota, one of the least-regulated states for assisted living according to a consumer workgroup, may soon join other U.S. states in mandating that these communities are licensed. Minnesota Gov. Mark Dayton, a member of the Minnesota Democratic–Farmer–Labor Party, on Tuesday announced a $15 million package of bipartisan legislation that would introduce new licensing requirements for assisted living […]

Minnesota Urged to Establish Assisted Living Licensure Process

Minnesota may soon lose its status as one of the least-regulated states for assisted living, at least if a new consumer workgroup has its way. In 2017, the Minnesota Department of Health received 25,226 allegations of physical abuse, neglect, thefts and unexplained serious injuries within state-licensed homes for the elderly, and 97% of these claims […]

Granny Cam Provision Included in Florida Power Generator Bill

Following the deaths of 13 skilled nursing residents in Florida due to a power outage following Hurricane Irma, two Florida lawmakers have introduced legislation to prevent those types of deaths — while also using the bills as an opportunity to pursue a “granny cam” law. Rep. Katie Edwards (D-Plantation) and Sen. Gary Farmer (D-Fort Lauderdale) […]

Tax Reform Proposal Could Make It Harder to Pay for Senior Living

Senior living providers, industry associations and residents are mobilizing against a provision of the recently introduced tax reform bill in the U.S. House of Representatives, saying this element of the legislation would increase the tax burden for residents and threaten their ability to remain in private-pay communities. For over 70 years, the medical expense deduction has been part […]

Judge Invalidates Florida’s Generator Rule for Assisted Living

A judge has ruled that Florida Gov. Rick Scott cannot order assisted living communities or skilled nursing facilities (SNFs) to install generators, citing the lack of emergency conditions. Administrative Law Judge Garnett Chisenhall of Florida’s Division of Administrative Hearings invalidated the rule on Oct. 27 on the grounds that Scott “failed to demonstrate the existence […]

States Set Tougher Assisted Living Penalties, Oversight

Beefed-up monetary penalties and oversight requirements were among the most common regulatory changes to hit assisted living in 2017. That’s according to the 2017 edition of the Assisted Living State Regulatory Review, an annual report issued by the American Health Care Association and National Center for Assisted Living (AHCA/NCAL), a Washington, D.C.-based organization that represents senior […]