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.
People in the news, May 19
May 19, 2020
Appointments at Argentum, Discovery Senior Living, Lifespace Communities, Ohio Living, United Methodist Communities, Walker & Dunlop and Windsor Healthcare Management.
New task force to develop guidance for reopening senior living and care communities
By
Lois A. Bowers
May 11, 2020
Representatives of more than 140 senior housing and care operators and members of four associations advocating for U.S. providers are joining forces with other groups in a new effort to provide guidance...
Industry repeats call for resources as Congress members ask for assisted living COVID-19 case details
By
Lois A. Bowers
May 05, 2020
Industry associations are supporting the transparency requested by three members of Congress who have asked 11 assisted living companies to detail their case counts and strategies related to COVID-19 —...
PPE, COVID-19 testing could depend on provider reporting, associations say
By
Lois A. Bowers
Apr 13, 2020
Communicating COVID-19 information to authorities, residents and staff could help ensure that operators get the personal protective equipment and testing they need, two national associations said Saturday....
COVID-19 could have $57 billion impact on senior living; Argentum, ASHA request $20 billion from HHS
By
Lois A. Bowers
Apr 06, 2020
The COVID-19 pandemic will have a $40 billion to $57 billion financial impact on the U.S. senior living industry over the next year, American Seniors Housing Association and Argentum leaders said in a...
President signs CARES Act with $2.2 trillion in COVID-19 relief, extends national shutdown to April 30
By
Lois A. Bowers
Mar 30, 2020
President Trump on Sunday extended the voluntary national shutdown related to coronavirus disease 2019 (COVID-19) until April 30. The move followed his signing of the the $2.2 trillion “Coronavirus Aid,...
Industry ‘steps up advocacy’ and sees priorities funded in $2 trillion COVID-19 relief package passed...
By
Lois A. Bowers
Mar 26, 2020
Senior living industry advocates said Wednesday they were pleased that their calls and letters had an impact on the $2 trillion stimulus package passed in the Senate. The legislation includes many of the...
COVID-19 roundup: Dow posts record point gain as Congress nears economic stabilization plan; Healthpeak...
By
Amy Novotney
Mar 25, 2020
U.S. stocks closed ahead on Tuesday, buoyed by optimism about the government’s response to the coronavirus crisis and reports of a potential Senate vote Wednesday on the stimulus bill.
Federal government takes action as long-term care providers face supply shortages in coronavirus fight
By
Lois A. Bowers
Mar 19, 2020
Provider groups were eagerly awaiting guidance that ultimately came from the Centers for Disease Control and Prevention on Wednesday to help maximize personal protective equipment for those who need it...