Long-term care industry rebound won’t be quick, but it will happen
By
Amy Novotney
Jan 21, 2021
As of Jan. 12, at least 136,000 COVID-19 deaths have been reported among residents and employees of nursing homes and other long-term care facilities for older adults in the United States, according to...
Positive vaccine news has led to partial recovery for healthcare REITs, but challenges remain
By
Amy Novotney
Jan 04, 2021
As ground zero for the pandemic, 2020 was a challenging year for healthcare real estate investment trusts. In the first quarter, for example, healthcare REITs saw a 36.8% decline — much of this stemming...
Nearly two-thirds of operators now offering rent concessions, depressing net income, NIC survey finds
By
Amy Novotney
Dec 18, 2020
Net operating income continues to face pressure from the COVID-19 pandemic, with more organizations than ever offering rent concessions, paying staff members overtime hours and using agency or temp staff...
Assisted living well positioned to fill healthcare delivery gaps: report
By
Kimberly Bonvissuto
Dec 16, 2020
The COVID-19 pandemic highlighted the vulnerable health status of older adults, but it also revealed the “vital role” that senior living communities play in the larger care continuum, according to...
Business briefs for Thursday, Dec. 3
Dec 03, 2020
Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires...
Unique operating model produces continued profitability, Pennant Group execs say
By
Kimberly Bonvissuto
Nov 12, 2020
Occupancy declines in the early months of the COVID-19 pandemic were replaced by slight occupancy increases as the Pennant Group’s Pinnacle senior living business produced strong results into the third...
NHI’s third-quarter results suggest that tenant credit risk is getting worse as the pandemic continues
By
Amy Novotney
Nov 11, 2020
Despite strong rent collections in October and November, Murfreesboro, TN-based National Health Investors may be in for some tough quarters ahead as its senior housing portfolio faces additional stress...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
Conflicting information imperils Provider Relief Fund application process as deadline looms: ASHA
By
Lois A. Bowers
Nov 03, 2020
As Friday’s deadline to apply for Phase 3 monies from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund approaches, the American Seniors Housing Association is seeking...
Omega Healthcare Investors and Maplewood Senior Living hope to open their Manhattan high-rise assisted living and memory care community “as soon as possible,” Omega Chief Corporate Development Officer...