Federal Regs on Noncompete agreements affect assisted living.
Read More
A receivership is a legal process that can protect your assisted living investment from creditors and prevent or repair regulatory problems, while improving service delivery, operations, and finances.
Read More
When stress reaches a boiling point, sometimes complaints are filed against nurses.
Notification of the complaint against a nurse will come from the Colorado Department of Regulatory Affairs (“DORA”), Colorado State Board of Nursing. If a complaint is filed against a nurse, understanding the following will help them respond.
Read More
How to buy an assisted living. This week we will be discussing the “Representations and Warranties” section of the typical asset purchase agreement used when buying or selling a residential assisted living home. These are found in the “Agreement” Section of the asset purchase agreement.
Read More
What are “Business Assets?”
Business assets are the tangible and intangible items that a business owns or uses to operate and generate income.
Tangible and intangible items are two categories of business assets. Tangible items are those that have a material existence and can be seen, touched, or measured. Examples of tangible items are furniture, fixtures, equipment, inventory, licenses, permits, contracts, HR files, resident records, customer lists, goodwill, trademarks, domain names, and trade secrets
Read More
If you are planning to buy or sell an assisted living or group home business, you need a legal document that outlines the terms and conditions of the transaction. In earlier blogs have covered the first paragraph and the background sections of the asset purchase agreement. The first of several elements of the Agreement portion of the asset purchase agreement is covered here.
Read More
Here are some typical contingencies that can be found in the real estate contract when also purchasing an RAL.
Read More
What is the difference between a “Background,” “Preamble,” “Recitals,” or “Whereas” sections of a contract in an Asset Purchase Agreement.
Read More
If you are planning to buy or sell an assisted living facility, you need to pay attention to the first paragraph of the purchase and sale agreement. Often overlooked, this paragraph contains essential information about who, exactly, is entering into the agreement. It can affect the rights and obligations of both parties, such as the names of the parties, the effective date.
Read More
Here is a list of a few of the essential pieces of information that you need immediately on hand to help your attorney prepare the asset purchase agreement (aka, “Purchase and Sale Agreement” or “Business Purchase Agreement”) of an assisted living residence.
Read More
The Fair Housing Act, a pivotal piece of legislation enacted in 1968 and amended in 1988, stands as a cornerstone in the fight against housing discrimination. The inclusion of people with disabilities under its protective wing marked a significant advancement in civil rights and social justice. This blog post provides a brief overview of the critical role the Fair Housing Act plays in protecting group homes for individuals with disabilities, ensuring their right to fair and dignified housing.
Read More
Colorado investors and owners who want to build or remodel assisted living or other healthcare facilities need to be aware of the Facility Guidelines Institute’s (FGI) Guidelines for Design and Construction of Health Care Facilities. The Colorado Department of Public Health and Environment provided important updates on FGI review today that impact what is needed for a successful review and how long the review will take. This article provides an overview.
Read More
Owners of assisted living homes can easily avoid make mistakes regarding protected health information (“PHI”). Disclosing rent rolls is one of the areas that deserves extra consideration when owners and operators are considering buying, selling, or refinancing an assisted living business.
Read More
If you are a licensed behavioral health or sober living provider in Arizona, be aware of recent press releases from AHCCCS regarding practices by certain alleged “bad actors” in the behavioral health and sober living service areas that are being scrutinized.
Read More
The Medicaid continuous enrollment requirement related to the COVID-19 pandemic ended on April 1, 2023. Assisted living providers who wish to continue to serve ALTCS-eligible recipients are advised not to ignore any AHCCCS notifications regarding revalidating through the APEP system and to seek advice from the state agency if they have difficulty following the online re-enrollment steps.
Read More
9 Things you need to know to open a sober living home or recovery residence.
Read More
This article provides an overview to the recent changes to Colorado’s mental health laws.
Read More
When a state agency does not follow laws that pertain to is procedures and time limits, it may be in violation of the law and subject to legal consequences.
Read More