Effective July 12, 2024, the Ohio Department of Health (“ODH”) promulgated new rules and regulations for residential care facilities (“RCFs”), also known as assisted living facilities. These rules, set forth in the Ohio...more
An incoming operator of a senior living facility should consider and mitigate risks of potential successor liability when agreeing to operate a new facility.1 This is particularly true when the former operator has filed for...more
7/20/2022
/ Asset Management ,
Assisted Living Facilities (ALFs) ,
Business Assets ,
Business Transfer Agreements ,
Commercial Bankruptcy ,
Elder Care ,
Elder Issues ,
Health Care Providers ,
Healthcare ,
Healthcare Facilities ,
Senior Housing ,
Successor Liability
Private equity firms continue to target the healthcare industry. In fact, this industry has seen tremendous growth over the past decade. The Centers for Medicare and Medicaid Services believes that national healthcare...more