Fla. Nursing Home Expansion To Spur Litigation Wave
By Carolina Bolado (November 24, 2014, 9:17 PM EST) -- Recently passed legislation in Florida lifting a moratorium on new nursing homes and shielding investors from liability lawsuits is driving a resurgence in the market, and attorneys say they expect an uptick in real estate deals and litigation as providers compete for the limited number of slots available for new facilities.
The state Legislature in its most recent session passed H.B. 287, which temporarily lifts the 13-year moratorium on the issuance of any new certificates of need for community nursing home beds in Florida. The bill has set into motion what will likely be a heated process as providers bid for...
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