Operators need $100 billion to cover COVID costs, industry group says
By
Lois A. Bowers
Jul 22, 2020
Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Resident dining contracts in senior living present complex web of offerings
By
Kimberly Bonvissuto
May 23, 2024
Points versus a la carte. Formal versus informal. Resident dining contracts vary among providers and are a “very challenging part” of the overall service package for senior living providers, according...
FDA urges public to use Heimlich not ‘anti-choking’ devices to save lives
Apr 23, 2024
Unpacking and figuring out how to use an anti-choking device can waste valuable time, the agency said.
Independent living hot with investors: report
By
Lois A. Bowers
Oct 11, 2016
Independent living offers the biggest opportunity for investment in seniors housing, according to the latest CBRE Seniors Housing & Care Investor Survey, released Tuesday.
Senior living in vulnerable position given attacks on COVID lawsuit immunity, experts say
By
Kimberly Bonvissuto
Sep 17, 2021
In the past year, the number of states with COVID-19 liability protections for senior living operators grew from 12 to 41. But attorneys are slowly chipping away at those protections through a series of...
COVID-19 has ‘disproportionate effect’ on long-term care: study
By
Lois A. Bowers
Apr 24, 2020
As the House of Representatives passed a $484 billion bill with new COVID-19-related funding, a study published Thursday by the Kaiser Family Foundation finds that COVID-19 has had a “disproportionate...
Sign-on bonuses popular for recruitment. Benefits changes, merit pay? Not so much
By
Kimberly Bonvissuto
Jan 24, 2022
Sign-on bonuses have proved popular among assisted living operators in attracting new employees during the pandemic, but changes to benefits eligibility and merit increases have not been, according to...
Older adults’ location preferences similar to general population until they reach their 80s
By
Lois A. Bowers
Apr 17, 2023
Adults aged 75 or more years — often the point at which senior living providers start thinking of them as prospective residents — generally are attracted to the same destinations to live as people...
Sonida Senior Living takes steps to strengthen financial position as it plans for growth
By
Lois A. Bowers
Jul 06, 2023
Dallas-based Sonida Senior Living on Wednesday announced several steps that the company has taken or plans to take to try to improve its financial position and set itself up for growth.