Assisted living average price per unit falls 30 percent during pandemic
By
Lois A. Bowers
Mar 01, 2021
The average price per unit in assisted living fell 30% from 2019 to 2020, driven by the sale of numerous “lower-quality” assisted living communities, according to newly released data.
Senior living industry turnaround could begin in second quarter, CEO says
By
Lois A. Bowers
Feb 03, 2021
Signs of recovery from the coronavirus pandemic could begin to show in the senior living industry in the second quarter, Adam Portnoy, president and CEO of The RMR Group Inc., said Tuesday.
$261 million disbursed to assisted living providers via Provider Relief Fund in Phase 3
By
Lois A. Bowers
Jan 29, 2021
A total of $261 million in Phase 3 general distributions had been disbursed to assisted living providers from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund as of Dec....
Pandemic drives senior living occupancy to record lows
By
Lois A. Bowers
Jan 08, 2021
The coronavirus pandemic continues to negatively affect occupancy in senior living, with percentages released Thursday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service...
Senior living occupancy falls to all-time low, 80.7 percent: NIC
By
Lois A. Bowers
Jan 07, 2021
Occupancy at U.S. senior living communities — including independent living and assisted living communities — reached an all-time low of 80.7% in the fourth quarter of 2020, according to data released...
‘Challenging public policy environment’ awaits senior living in 2021
By
Lois A. Bowers
Jan 07, 2021
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according...
Recovering from emotional, economic effects of pandemic will dominate senior living in 2021
By
Lois A. Bowers
Jan 04, 2021
Virus-related matters will dominate the actions of senior living owners and operators for the time being, industry leaders told McKnight’s Senior Living.
Pandemic may put 56 percent of assisted living operators out of business in a year: survey
By
Lois A. Bowers
Jan 04, 2021
As 2020 was ending, President Trump signed a $900 billion COVID-19 relief bill that adds $3 billion to the Provider Relief Fund. That aid can’t come fast enough for assisted living providers, according...
Big senior living stories of 2020
By
Lois A. Bowers
Dec 22, 2020
A year ago, nobody in the U.S. senior living industry would have predicted that a pandemic would upend everyone’s personal and professional lives in 2020. But COVID-19 undoubtedly was the story of the...
HHS OIG delays reports on assisted living, personal care
By
Lois A. Bowers
Dec 07, 2020
The Department of Health and Human Services Office of Inspector General has delayed the publication of previously announced reports on assisted living and personal care services.