Online CPR Creating Assisted Living Investment Opportunities
Nov 17, 2022
Colorado Department of Public Health and Environment
Issues Several Exceptions
T
he Colorado Department of Public Health and Environment (CDPHE), Health Facilities and Emergency Medical Services Division (the “Division”)
has issued more than 25 citations
to assisted living providers issuing Immediate Jeopardy deficiencies for assisted living residences whose staff has been issued CPR and first aid certificates from online training venues. The idea is that in-person training for CPR and first aid is required to demonstrate skills, and anything less create an immediate jeopardy to the health of assisted living residents.
While the Department’s reasoning is a more than a little thin, and is certain to be challenged, it has created an uptick in investment opportunities as some assisted living providers are preparing to walk away from the business in frustration. From the altitude of the investor, the ebb and flow of regulatory frustration is to be expected. Accordingly, each surge of regulatory activity is likely to create opportunities as new operators come onto the scene.
Look for more articles on topics of interest to assisted living investor, owners, and operators. The information herein is intended to be educational and an introduction to the subject matter presented. It is NOT specific legal advice to be relied upon for specific individual circumstances. Contact your own legal professional or reach out to our firm if you would like specific advice on this topic. We welcome topic suggestions! Write to brian@pinkowskilaw.com to recommend a particular subject for us to explore.
While the Department’s reasoning is a more than a little thin, and is certain to be challenged, it has created an uptick in investment opportunities as some assisted living providers are preparing to walk away from the business in frustration. From the altitude of the investor, the ebb and flow of regulatory frustration is to be expected. Accordingly, each surge of regulatory activity is likely to create opportunities as new operators come onto the scene.
Look for more articles on topics of interest to assisted living investor, owners, and operators. The information herein is intended to be educational and an introduction to the subject matter presented. It is NOT specific legal advice to be relied upon for specific individual circumstances. Contact your own legal professional or reach out to our firm if you would like specific advice on this topic. We welcome topic suggestions! Write to brian@pinkowskilaw.com to recommend a particular subject for us to explore.
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