Legislation was recently introduced that includes assisted living communities among entities subject to criminal, civil, and financial sanctions in an effort to address alleged private equity and corporate abuse in health care. The bill is in addition to anticipated legislation that could limit private equity’s ability to finance assisted living development.
Argentum has expressed significant concerns about these measures, which have been echoed by researchers from Brown University, Georgetown University, and Johns Hopkins University who published an editorial in the Journal of Health Affairs, cautioning against regulating private equity in assisted living.
Tomorrow, Argentum will share important updates on these increasing efforts to regulate investment in assisted living and how Argentum is promoting the critical role private investment plays in ensuring access to high-quality assisted living options for our nation's seniors.
Argentum Advocates Member Briefing
Wednesday, June 26, 2024
2:00 PM ET
This session will also include an important discussion on how senior living advocates can join us in our advocacy efforts by meeting with lawmakers directly, including by hosting lawmakers for community visits to meet with residents and caregivers. This session will feature insight from Tana Gall, President of Merrill Gardens and Vice President of the Argentum Board of Directors, and Michael Queene, General Manager of The Pines of Newmarket community in Southern New Hampshire.