New Year, New Repayment Law for CCRCs

Continuing care retirement communities (CCRCs) in California are preparing for a new law that will impact the way they repay contracts. The new law requires CCRCs to repay entrance fees if a unit is vacated by the resident in a certain amount of time, or else risk accruing interest. The law has the potential to […]

Bill Expands Caregiver Powers for Enhanced Assisted Living

A new bill that enables home health care aides to perform more advanced tasks has been approved in the New York state assembly by policymakers and is under consideration in more than a dozen other states. The bill allows licensed assisted living communities to utilize home health aides for additional nursing tasks like administering medication. […]

Bill Paves Way For New Assisted Living Construction in Florida

Last year, the Florida Legislature passed a bill that served as a model for increasing oversight and accountability without unduly burdening assisted living providers. Now, the state again passed a stage-setting measure to uniformly update fire safety codes in assisted living communities, allowing for modernization in new construction. The legislation, sponsored by Sen. John Legg […]

‘Granny Cam’ Laws Target Assisted Living

A wave of new bills about camera regulations in assisted living settings is bringing privacy issues to a head as technology increasingly tracks data and monitors resident in the senior housing industry. While five states have implemented monitoring regulations within skilled nursing settings, two other states are looking to spread these laws into assisted living and […]

CCRC Bill Heightens Oversight

A bill that will provide oversight of two dozen Washington continuing care retirement communities (CCRCs) has been approved by state lawmakers. The bill is among a wave of legislation that aims to increase regulations on CCRCs nationwide.  Current state laws in Washington do not regulate CCRCs, but assisted living and skilled nursing components of facilities […]

Lawmakers Take ‘Fix It or Nix It’ Stance on EB-5

A popular senior housing finance program that was previously under fire will live another day—but lawmakers continue to discuss dismantling or reforming it. The EB-5 financing program has been extended exactly as is until September 30, 2016, but calls to reform the program with stricter regulations have remained. The provision to extend the program without […]

How Congress Could Upend Senior Care Financing

Amid recent reports of patient harm and a lack of oversight within nursing homes, a new law could start holding nursing homes more accountable for low quality ratings. The Nursing Home Accountability Act, sponsored by U.S. Rep. Mark Walker (R-NC), aims to cut nursing homes with the lowest scorers from Department of Housing and Urban […]

CCRC Turmoil Prevented by Calif. Governor’s Veto

Senior housing providers are breathing easier and expressing support for California Governor Jerry Brown, who recently vetoed a bill that would have increased regulations on continuing care retirement communities (CCRCs) and impacted business models. Brown vetoed the bill on October 11.   The bill would have changed the way CCRCs repay entrance fees to residents […]

Entrance Fee Bills Jeopardize CCRC Balance Sheets

The clock is ticking on a bill sitting on Governor Edmund Gerald “Jerry” Brown’s desk with an Oct. 11 deadline, which would increase regulations for continuing care retirement community entrance fee repayments. Providers are warily watching what will happen in Sacramento, as many believe that legislative changes such as this one could upset standard business models […]