Assisted Living Concepts Inc., hereafter referred to as ALC, was a Nevada corporation formed in 1994 with its principal place of business in Menomonee Falls, Wisconsin. ALC provides senior assisted living residences that provide multiple personal services for their residences. ALC was purchased by Extendicare Health Services, Inc. in January 2005. In 2006 ALC was spun off from Extendicare as a publicly traded company. As of December 31, 2012 ALC had 211 assisted and independent living residences in 20 states totaling 9,348 units with 4,600 employees. ALC generated revenues in excess of $228 million dollars for year-end 2012 (Assisted Living Concepts, Inc. 2013). In July 2013, ALC was acquired by the private equity firm TPG Capital, L.P. for $278.3 million dollars (Boulton 2013). In March 2014 ALC changed their name to Enlivant (Enlivant 2014).
The Players
Laurie Bebo – President & CEO of ALC– In November 2006, Bebo was promoted f to CEO of Assisted Living Concepts. Bebo held the position of CEO until her termination in May 2012. Bebo was also a member of the ALC Board of Directors. Bebo was instrumental in talking the Board of Directors into the leases with Ventas. She orchestrated the fraud at ALC.
John Buono – Senior VP & CFO and Treasurer– Hired in 2006, Buono was a licensed CPA in the state of Wisconsin. Buono was a willing participant and the executive who could have stopped the scheme that Bebo had implemented to falsify the financials of ALC.
Ventas
According, to Zekman, (2014) resident’s needs at Sunrise Assisted Living were not because they were not performing their tasks adequately. The functional manager failed to evaluate the performance of employees, and checking on the residence’s to see if they are getting the proper services they need. The functional manager and the employees breech their duties; they should be working as a team to provide all the help the residents require because they are paying for it. Based on research, general and functional managers are responsible to imply their knowledge, energy, and enthusiasm in an organization. They are in a position where they have to provide strategic leadership to their subordinates and develop a high-performing company Hill, Jones, and Schilling (2015).
This essay aims to represent an argument between two view points: to remain in their own homes with ongoing support from families and the health system or going to residential aged care of elderly in Australia. Especially, it deals with the issue of increasing ageing population in Australia includes statistical information highlighting some causes and telltales. The context presented is economic and social. It also looks at the effects that increasing of the ageing population has on society, the individual and the Australian economy.
Nursing homes and assisted facility homes are all examples of long term care facilities. These facilities are usually targeting individuals who are of geriatric age or need around the clock care (mental health and physical health). The residents in these communities have access to individually-tailored levels of individual or group-centered activities, programs, and assistance whether it is with home or personal care. Long term care facilities are generally for those who are unable to manage independently in the community. Specific types of long-term services include nursing homes, hospice care, home health agencies, and residential care facilities. The goal of these programs is to make sure each patient has a safe and comforting environment
“The Palace” is located in the heart of the gables. It is one of the top notch awarded nursing home facilities for seniors stated by many families. Currently being an employee at this facility, I am learning the frightful stories of senior living. Even the Palace one of the most expensive, awarded senior living is actually a terrible place for the elderly. Especially, working at the Front Desk as the receptionist, I have seen firsthand how these poor seniors are forced into these haunted “luxurious” homes. The marble of the building has been often a misleading reason for placing their parent or grandparent in such terrible care. Most humans tend to judge by the appearance of the nursing homes rather than further investigating any violations that the facilities may have. From my own experience with my grandmother, I know it can be very difficult to take care of a senior citizen, especially when they suffer from various conditions and are just not safe in their home. Once adults become seniors, they require a lot of attention and assistance, which is hard when running a whole household and a career. But placing your loved one in one of these facilities can just shorten the amount of time they have to live. Also, it can be very expensive. Lastly, nursing home makes seniors feel the lack of freedom.
Dementia is a progressive disorder that will affect how you’re brain functions and particularly your ability to remember, think and reason. Dementia usually affects older people and are approximately 820,000 people in the UK with the disorder, and around 15,000 are under the age of 65. If the dementia is recognised early enough that are a lot of things that you can be done to make the quality of life better. In a lot of dementia cases the symptoms and quality of life will progress and get worse over a number of years. The most common symptoms of a dementia patient are:
The profession I am pursuing in the Kaplan University is Bachelor of Science in Health Care Administration. With this profession I can definitely have a different option on where to work either in a hospital, long term care, doctor office, and hospice agency. This type of career long term care administrator is a very well paid job, but that comes with a lot of responsibilities a lot of long hours. One of many responsibility is budget planning, personal, board meeting, and employee overview. As an administrator you also need to be in compliance with local, state, and federal laws making sure guidelines are being followed.
According to the Long Term Care Education website “the United States Department of Health and Human Services defines an assisted living as a residential setting that provides either routine general protective oversight or assistance with activities necessary for independent living to mentally or physically limited persons.” (Long Term) Assisted livings are designed to help elder’s with their medications (monitor or
Norton, the founder and CEO of Software Associates called Susan Jenkins, CFO of Software Associates, after skimming the second quarter profit and loss statement (see Exhibit 1). Jenkins had been preparing to go home but now anticipated a long evening ahead to prepare for the next morning’s meeting.
The Topic of my research paper is How to Start Your Own Assisted Living Business. I choose this topic because I have some experience in the health care field. I am a certified Medical Assistant and I wanted to take my education to the next level. The Health care job market is on high demand and is one of today’s most dynamic fields with a wide range of opportunities. I came to realize that the older you get in this country options for housing, health and personal care services become limited.
Taking care of the individuals that are getting older takes many different needs. Most of these needs cannot be given from the help of a family. This causes the need of having to put your love one into a home and causing for the worry of how they will be treated. It is important for the family and also the soon to be client to feel at home in their new environment. This has been an issue with the care being provided for each individual, which has lead to the need of making sure individuals have their own health care plan.
The United States government provides housing assistance for the elderly or disabled with low income statues through various programs in the form of rental assistance or affordable housing. However, most of these governments housing assistance for the disabled or elderly persons are managed through the local public housing authorities (PHAs). Several other agencies providing the same government benefits includes the local Department of Housing and Community Development, the individual State Housing Finance Agencies and the Rural Development offices through the U.S Department of Agriculture (USDA). Additionally, some financial aid channeled toward the housing assistance programs are retrieved from the U.S Department of Housing and Urban Development (HUD) as well as the USDA’s Rural Housing Services. Within this paper, several aspects of the housing policy for the disabled and the elderly persons will be delved into in brooder details.
Long-term care can be defined as a broad set of paid and unpaid services for people who are mentally or physically disabled, or whose chronic illness places them in need of medical or personal assistance for long periods of time. “It is estimated that there are more than twelve million Americans of all ages whose mix of serious disability and chronic illness places them at the high risk for functional decline, hospitalization, or nursing home placement.” (Benjamin) Several different populations require long-term care services, and the needs of these populations vary. In addition to the elderly, many of the long-term care users are younger persons with physical disabilities; persons with developmental disabilities; and persons with chronic
1. Draw a Gantt chart for the construction phase of the program. What is the completion date
IAN C. READ Named President and CEO and elected to Board of Directors, December 2010
In 1985, the company hired Nolan D. Archibald as president and chief operating officer (CEO). Under his leadership