Voters disapprove of lack of COVID-19 federal relief for senior living: survey
By
Kimberly Bonvissuto
Jul 24, 2020
Voters are unhappy that senior living communities have not received adequate federal relief funding for their COVID-19-related expenses, according to the findings of a new Argentum national survey. Results...
‘Going back to where we were is not an option’: LeadingAge CEO
By
Kimberly Bonvissuto
Oct 25, 2021
As legislators negotiate places to trim President Biden’s $3.5 trillion Build Back Better plan, putting the needs of older Americans “on the chopping block” would be “one of their greatest failures...
$40 billion federal COVID-19 relief program includes funds for assisted living workforce development
By
Kimberly Bonvissuto
Jul 14, 2022
The Biden administration on Wednesday announced the investment of more than $40 billion in American Rescue Plan funds in workforce development programs, led by state and local governments and organizations,...
$6 trillion spent, but targeted pandemic relief eludes assisted living industry
By
Kimberly Bonvissuto
Jan 27, 2022
With $11 billion in Phase 4 Provider Relief Funds having gone out to 74,000 healthcare providers, including senior living providers, and $6 trillion in overall COVID-19-related aid having been spent across...
Impact of COVID-19 on senior living could be $50 billion, Argentum CEO says
By
Kimberly Bonvissuto
May 29, 2020
The impact of COVID-19 on the senior living industry could be $40 billion to $50 billion over the next year, Argentum President and CEO James Balda said Wednesday in a Yahoo Finance interview.
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
One-time COVID-19 testing for assisted living would cost $232 million, AHCA / NCAL estimates
By
Kimberly Bonvissuto
May 27, 2020
Testing every U.S. assisted living community resident and staff member for COVID-19 one time would cost $232 million, according to data released Wednesday by the American Health Care Association / National...
Listening is key to addressing senior living staff vaccine hesitancy: NIH senior adviser
By
Kimberly Bonvissuto
Mar 11, 2021
Combatting vaccine hesitancy in senior living staff members is as easy as listening, according to a senior adviser in the National Institutes of Health.
Decentralized approach helps Pennant’s operators respond to COVID-19 in a locally tailored fashion
By
Kimberly Bonvissuto
May 15, 2020
The Pennant Group’s decentralized approach, supported by its service center, enabled its operators to respond rapidly and in a locally tailored fashion in the face of a global pandemic, executives said...
Pandemic shifted strategy, but Five Star, Diversified say they remain on growth path
By
Kimberly Bonvissuto
Feb 26, 2021
The COVID-19 pandemic caused a shift in strategy for Five Star Senior Living and Diversified Healthcare Trust, but company executives said Thursday during fourth-quarter earnings calls that they remain...