Partner Mike Okaty discussed important legal issues for senior housing providers in a Senior Housing News article, “New Entrants, RIDEA Among Hot Topics in Senior Housing Legal Landscape.”
Okaty said he anticipates an increase in regulations in the future. “As more people move into senior living communities, as more of these communities exist, there’s going to be more of a need and an opportunity for new regulations,” he said.
Okaty also said it’s important to recognize that senior housing is not a risk-free business. “That said, there are all kinds of best practices for risk mitigation,” he said. “There are best practices for staffing, oversight, quality control, acuity testing to make sure people are in the appropriate level of care.”
Okaty said he anticipates an increase in regulations in the future. “As more people move into senior living communities, as more of these communities exist, there’s going to be more of a need and an opportunity for new regulations,” he said.
Okaty also said it’s important to recognize that senior housing is not a risk-free business. “That said, there are all kinds of best practices for risk mitigation,” he said. “There are best practices for staffing, oversight, quality control, acuity testing to make sure people are in the appropriate level of care.”
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