Fed chair expects ‘very strong’ economic growth in the second half of the year
By
Amy Novotney
Apr 13, 2021
Federal Reserve Chair Jerome Powell voiced a note of optimism for business leaders this weekend, saying he expects an economic boom to occur mid-year.
Pandemic will forge an improved senior living product, leaders say
By
Kimberly Bonvissuto
Mar 04, 2021
COVID-19 has had a devastating effect on the senior living industry. But industry experts said Wednesday that they are optimistic it will emerge a better product on the other side.
Senior living faces lingering workforce, financial challenges, provider groups say
By
Kimberly Bonvissuto
Apr 27, 2023
Although the COVID-19 pandemic led to increased costs, decreased revenue and exacerbated staffing shortages across the healthcare continuum, assisted living providers weathered those challenges with fewer...
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.
With industry ‘in midst of recovery,’ LTC Properties has near-term $100 million pipeline
By
Lois A. Bowers
Nov 01, 2021
Westlake Village, CA-based LTC Properties has a “near-term pipeline” valued at more than $100 million as the long-term care industry is “firmly in the midst of a recovery,” executives said Friday...
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...
$102.2 billion in COVID-19 relief needed for senior living and other providers, CEO tells Congress
By
Lois A. Bowers
Apr 09, 2020
The work of nonprofit health and human service organizations with more than 500 employees, including senior living providers, is threatened unless Congress provides more than $102.2 billion in relief in...
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 —...
COVID-19 vaccine mandate for private sector moves closer to reality
By
Kimberly Bonvissuto
Oct 15, 2021
A COVID-19 vaccine mandate forecast to affect more than 80 million workers in private-sector businesses is inching closer to reality after the Labor Department submitted its initial text of an emergency...
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...