Resources

The phrase “risk management” has been popular in the corporate world for many years. What it means is different in every industry. In the assisted living environment, it takes on an entirely different meaning.

Although most assisted living facilities are aware that they are required to have written resident agreements, many assisted living owners and administrators fail to appreciate the significance of having an updated resident agreement that accurately represents your business interests. It is this author’s humble opinion that this is the single most important document in the long-term care industry.

In New Jersey, assisted living facilities are increasingly facing a circumstance where, for one reason or another, they cannot meet the level of care required for the resident or the resident poses a danger to him/herself or others in the facility. New Jersey, like most states, requires a safe discharge, following adequate written notice to the resident or the responsible party (absent emergent circumstances).

However, for many homeowners, renters and business owners, Hurricane Sandy may have had an even more catastrophic effect on your home or business, more so than Hurricane Irene. If you are one of those who have been impacted by the storm in any way we want to provide you with the following tips to make sure that you do not get taken advantage of in the upcoming days, weeks and months.