Value-based models may help improve occupancy, increase investor confidence post-COVID, speakers say
By
Amy Novotney
Mar 25, 2021
The COVID-19 pandemic has thrust healthcare for older adults into the spotlight, making access to services an important part of an operator’s value proposition for both residents and investors, speakers...
Despite COVID setback, investors on track to make money in senior living, Merrill president says
By
Amy Novotney
Mar 15, 2021
The last three decades in the senior living industry have seen several major recessions and breaches of confidence, but all of them also have provided an opportunity for the sector to come back stronger...
States should fund senior living, relax visitation restrictions, association leaders tell governors
By
Lois A. Bowers
Mar 12, 2021
The National Governors Association should “strongly encourage” state governments to provide financial relief to senior living providers and caregivers for COVID-19-related expenses, Argentum President...
Invesque CEO ‘cautiously optimistic’ about senior living despite pandemic challenges
By
Kimberly Bonvissuto
Mar 12, 2021
2020 was a unique year in so many ways, challenging the senior living industry and companies operating within that sector.
Virtual marketing, remote visits here to stay, senior living and care operators say
By
Amy Novotney
Mar 12, 2021
Many senior living and care operators have plans to continue offering virtual marketing events and tours, remote visits and other meetings and programs via technology even as in-person events continue...
Skilled nursing occupancy hit new record low of 71.7% in December: NIC
By
Amy Novotney
Mar 05, 2021
Just as recent efforts to vaccinate long-term care patients and frontline healthcare workers began at the end of December, occupancy at the nation’s skilled nursing facilities reached its lowest level...
Pandemic will forge an improved senior living product, leaders say
By
Kimberly Bonvissuto
Mar 04, 2021
COVID-19 has had a devastating effect on the senior living industry. But industry experts said Wednesday that they are optimistic it will emerge a better product on the other side.
Senator: Feds have ‘got to do a lot more’ for senior living industry
By
Kimberly Bonvissuto
Feb 23, 2021
“I’ll just be blunt with you — the federal government hasn’t done nearly enough to help the folks who work in those settings. We’ve got to do a lot more,” Sen. Bob Casey (D-PA) said Monday...
Ventas ‘optimistic’ as senior living outlook remains competitive
By
Kimberly Bonvissuto
Feb 19, 2021
In looking back at 2020, Ventas Chairman and CEO Debra Cafaro called it a “grueling” year “dominated by the pandemic and punctuated by extreme weather disruptions,” but she said the company’s...
Assisted living occupancy fell below 80 percent in January: NIC
By
Amy Novotney
Feb 16, 2021
As the effects of the pandemic continue to take a toll on long-term care, occupancy rates within majority assisted living properties fell below 80% in January, according to the latest intra-quarterly snapshot...