Operating a 12–16 bed assisted living facility involves significant operational, financial, and regulatory risks. This section outlines the major risks and the strategies New Horizons Assisted Living will use to mitigate them.

1. Liability & Litigation Risks

Key Risks

• Falls
• Elopement (wandering)
• Medication errors
• Neglect allegations
• Documentation gaps

Nuclear Verdicts

• Long-term care lawsuits have reached $7M–$12.9M
• Poor documentation is the #1 trigger for litigation

Mitigation

• Strong documentation practices
• Staff training
• Fall-prevention systems
• Secured exits
• RN oversight

2. Financial Risks