Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Senior living seeks some of $23 billion remaining in CARES Act funding to help cover COVID costs
By
Lois A. Bowers
Apr 05, 2021
Two senators estimate that approximately $23 billion remains in the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund and maintain that “a proportional allocation of funds...
OSHA accepting new comments on healthcare worker COVID-19 protection rule
By
Lois A. Bowers
Mar 23, 2022
The Occupational Safety and Health Administration is accepting additional comments as it works to establish a final rule meant to protect assisted living and other healthcare workers from exposure to COVID-19...
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...
‘Right now’ is most challenging time for many senior living providers
By
Kimberly Bonvissuto
Jun 30, 2021
Continued unemployment compensation, wage pressures, decreased occupancy and increased costs continue to create challenges for many senior living providers, according to speakers at an Argentum congressional...
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...
Future of seniors housing industry is ‘all about a vaccine’: NIC economist
By
Kimberly Bonvissuto
Oct 06, 2020
The future of seniors housing will depend on several factors, but to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace, “It’s all about a vaccine.”
CareTrust says ‘operator first’ philosophy helped it grow during ‘unprecedented headwinds’ of...
By
Kimberly Bonvissuto
Feb 12, 2021
CareTrust REIT’s “operator first” investment philosophy proved valuable in guiding the San Clemente, CA-based healthcare real estate investment trust successfully through the COVID-19 pandemic, executives...
Healthpeak shifts focus from seniors housing; analysts question dividend sustainability
By
Amy Novotney
Nov 04, 2020
Irvine, CA-based Healthpeak Properties is making good on its previously indicated intentions of a potential exit of its senior housing operating portfolio and triple-net lease assets. The real estate investment...
$70 million in aid in Michigan ‘encouraging’ for assisted living providers nationwide, CEO says
By
Lois A. Bowers
Feb 18, 2022
Senior living providers across the country need pandemic relief like the $70 million in direct aid in which assisted living operators will share in Michigan after bipartisan support in the state Legislature,...