Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say
By
Lois A. Bowers
Mar 17, 2020
Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James...
McKnight’s 40 for 40: Dr. Bill Thomas
By
John O'Connor
Mar 16, 2020
For Dr. Bill Thomas, the future remains a work in progress. You might say that’s true for him as well.
Economists predict recession as a result of COVID-19; virus putting senior housing to the test
By
Amy Novotney
Mar 13, 2020
The coronavirus will cause U.S. economic contraction in the second quarter, leading to a greater chance for recession, according to more than 60 economists polled by The Wall Street Journal. The poll also...
Invesque seeks to divest non-core assets, create efficiencies in 2020
By
Lois A. Bowers
Mar 13, 2020
Invesque plans to “opportunistically divest non-core assets and redeploy capital with our preferred partners” in 2020, Chairman and CEO Scott White said Thursday. The healthcare real estate company...
States impose coronavirus rules for long-term care; AMDA, ACHCA conferences affected by COVID-19
By
Lois A. Bowers
Mar 12, 2020
As the World Health Organization declared COVID-19 a pandemic on Wednesday, citing 118,000 cases and 4,291 deaths in 114 countries, several states have imposed new rules on assisted living communities...
Passed bill allows assistive devices in assisted living
By
Lois A. Bowers
Mar 12, 2020
A bill that supporters say will modernize regulations for assisted living communities in Florida is on its way to Gov. Ron DeSantis after being passed unanimously by the state Senate and House.
Pennant ‘very focused’ on helping senior living team ‘gain footing,’ CEO says
By
Lois A. Bowers
Mar 06, 2020
Pennant Group subsidiaries acquired two senior living communities in 2019 and one so far this year, but the holding company doesn’t foresee much growth in that sector in 2020, President and CEO Daniel...
Business briefs for Friday, March 6
By
Amy Novotney
Mar 06, 2020
Vitas CEO meets with Vice President Pence and coronavirus task force … SLIB negotiates $12.5M sale of Texas seniors housing community … Analyst: Seniors housing occupancy distribution varies widely...