HHS changes rules for distribution of relief funds to Medicaid providers
By
Lois A. Bowers
Aug 13, 2020
The Department of Health and Human Services has reversed its position and now says that Medicaid providers who previously received a payment from a general distribution of funds from the Coronavirus Aid,...
States look at social insurance to address underfunded LTSS system: report
By
Kimberly Bonvissuto
Aug 12, 2020
Social insurance initiatives to help finance long-term services and supports are gaining traction at the state level because “the costs of waiting around for something to happen at the federal level...
Capital Senior Living reiterates uncertainty about future to SEC
By
Lois A. Bowers
Aug 11, 2020
Capital Senior Living reiterated its belief that conditions related to COVID-19 “raise substantial doubt about the company’s ability to continue as a going concern” in a document filed Monday with...
Bowers wins 4 journalism awards
Aug 11, 2020
McKnight’s Senior Living Editor Lois A. Bowers won four awards for writing on Friday night at the Press Club of Cleveland’s 42nd annual All Ohio Excellence in Journalism Awards. The ceremony was conducted...
Ventas, CareTrust REIT hope for COVID aid for senior living
By
Lois A. Bowers
Aug 10, 2020
Ventas and CareTrust REIT executives said Friday they are hopeful that senior living operators will receive assistance to battle the coronavirus in the next federal aid package.
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Long-term care groups, 490 others, call for enactment of COVID-related legal protections ‘as soon as...
By
Lois A. Bowers
Aug 10, 2020
Proposed legislation that would protect healthcare providers from COVID-19-related lawsuits “is critically needed and should be enacted as soon as possible,” 495 organizations, including several associations...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
Aging services leaders issue urgent plea for federal plan to end ‘national nightmare’ of COVID-19
By
Lois A. Bowers
Aug 06, 2020
A federal plan is needed to end the “national nightmare” of the pandemic, the leaders of six national organizations representing aging services providers told the president, vice president and leaders...