Assisted Living company forfeits licenses to bypass Iowa regs
Assisted Living Concepts is planning to forfeit the care facility licenses at Iowa facilities and encouraging resident to sign long-term contracts with the corporation even as it prepares to bypass state regulation and oversight.
That will result in the homes being converted to unregulated apartment buildings for seniors. The company hopes to retain its medically needy residents by offering them home health care services though another company.
Could this be a future trend that spreads across the country?