‘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...
Ventas riding senior housing recovery with occupancy, revenue growth
By
Kimberly Bonvissuto
Feb 22, 2022
The senior living industry pandemic recovery is underway with accelerating demand, strong rate increases and rapidly improving clinical conditions, with expectations for occupancy and revenue growth going...
Affordable senior housing providers say they are stretched thin due to a host of operational and workforce challenges, but partnerships with outside agencies are helping them meet residents’ needs, according...
Senior living seeks additional relief in wake of passage of American Rescue Plan Act
By
Lois A. Bowers
Mar 11, 2021
Senior living industry leaders said Wednesday that they will continue to press the federal government for additional coronavirus relief — and urge owners and operators to do so, too — after the House...
$12 million available for assisted living to ‘build long-term resiliency’ in wake of COVID-19
By
Kimberly Bonvissuto
Nov 18, 2022
Assisted living and other long-term care providers in Pennsylvania are eligible to apply for almost $12 million in federal funding to invest in workforce and infrastructure needs to build “long-term...
States need to step up with pandemic relief for senior living, Argentum tells governors
By
Kimberly Bonvissuto
Nov 16, 2022
It’s time for states to step up and provide more pandemic-related relief to senior living communities, Argentum President and CEO James Balda told the National Governors Association on Monday.
64 percent of senior living communities saw no COVID-19-related deaths: NIC-funded study
By
Kimberly Bonvissuto
Jun 03, 2021
A majority (64%) of senior living communities reported no COVID-19 deaths in 2020, according to an analysis of COVID-19 deaths across the long-term care residential continuum released today.
Providers victims of politics in ‘unfortunate’ repeal of COVID immunity protections, industry rep...
By
Kimberly Bonvissuto
Apr 12, 2021
Assisted living and other long-term care operators are the victims of politics via legislation signed last week by New York Gov. Andrew Cuomo that repeals blanket immunity protections for pandemic-related...
Brookdale ‘firmly on road to recovery’ after 8 consecutive months of occupancy growth, CEO says
By
Lois A. Bowers
Nov 08, 2021
With eight consecutive months of occupancy growth, including the largest average occupancy increase in “at least the last six years” during the third quarter, Brookdale Senior Living is “firmly on...
Invesque touts portfolio diversification as a strength in the COVID-19 pandemic
By
Kimberly Bonvissuto
May 15, 2020
When it comes to portfolio diversification, Invesque Chairman and CEO Scott White said he never anticipated that something like the COVID-19 pandemic would figure into its strengths in geographic diversification.