Sabra: Consumer ‘pandemic fatigue’ hurting senior living occupancy
By
Lois A. Bowers
Nov 09, 2020
Operating during the coronavirus pandemic has become the “new normal” for senior housing providers, with infection control protocols and restrictions that can be adapted based on local and state regulations...
Capital Senior Living incurs $1.4 million in COVID costs in third quarter
By
Lois A. Bowers
Nov 06, 2020
Capital Senior Living said it incurred approximately $1.4 million in COVID-related costs in the third quarter, making its 2020 COVID-related cost total to date $4.6 million. Total operating expenses for...
Despite record-setting occupancy drop, pandemic could offer ‘silver lining’ for senior living, NIC...
By
Lois A. Bowers
Oct 16, 2020
Independent living and assisted living communities saw their largest occupancy drops on record in the third quarter of 2020, according to data released Thursday by the National Investment Center for Seniors...
Despite headlines, GAO report does not portend major changes for assisted living, industry leaders say
By
Lois A. Bowers
May 13, 2018
Some assisted living community operators understandably were concerned in February after the Government Accountability Office released a report about federal oversight of assisted living services offered...
Ventas ‘killed a lot of brain cells’ devising Brookdale lease restructuring, CEO says
By
Lois A. Bowers
Apr 30, 2018
Real estate investment trust Ventas has agreed to restructure its Brookdale Senior Living leases “to give Brookdale support and stability while it executes its operational turnaround under its new...
Memory care ‘fiercest’ area of competition for Five Star, CEO says
By
Lois A. Bowers
Mar 22, 2018
Memory care has been the “fiercest” area of competition in private-pay senior living over the past year, Five Star Senior Living President and CEO Bruce Mackey said Wednesday during a fourth...
House passes ACA replacement, provider groups express concerns
By
Lois A. Bowers
May 04, 2017
As health leaders in the government praised the Affordable Care Act replacement passed by the House of Representatives on Thursday, organizations representing senior living operators expressed concerns...
CMS may extend deadline for state compliance with HCBS final rule
By
Lois A. Bowers
Mar 15, 2017
The Centers for Medicare & Medicaid Services will work to provide states with additional time to comply with a final rule regarding the provision of home- and community-based services to Medicaid beneficiaries,...
Second-quarter senior housing occupancy rate is lowest on record, NIC says
By
Lois A. Bowers
Jul 10, 2020
Senior housing occupancy in the second quarter was at the lowest level on record since the National Investment Center for Seniors Housing & Care began reporting data in 2006, NIC said Thursday. Individually,...
Save HCBS-related ACA provisions, LeadingAge and other advocacy groups tell Trump
By
Lois A. Bowers
Jan 11, 2017
Improving access to Medicaid home- and community-based services is a critical provision of the Affordable Care Act that has bipartisan support and should remain intact even if the healthcare law is repealed...