Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
Long-term care groups, 490 others, call for enactment of COVID-related legal protections ‘as soon as...
By
Lois A. Bowers
Aug 10, 2020
Proposed legislation that would protect healthcare providers from COVID-19-related lawsuits “is critically needed and should be enacted as soon as possible,” 495 organizations, including several associations...
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
Aging services leaders issue urgent plea for federal plan to end ‘national nightmare’ of COVID-19
By
Lois A. Bowers
Aug 06, 2020
A federal plan is needed to end the “national nightmare” of the pandemic, the leaders of six national organizations representing aging services providers told the president, vice president and leaders...
Senior living needs ‘substantial and immediate financial relief’ from COVID-19, leaders tell federal...
By
Lois A. Bowers
Jul 21, 2020
Senior living operators require “substantial and immediate financial relief” from expenses related to the COVID-19 pandemic, the leaders of four major associations representing operators of independent...
HHS extends deadline for assisted living operators to apply for CARES Act funding
By
Lois A. Bowers
Jul 20, 2020
The Department of Health and Human Services on Friday extended until Aug. 3 the deadline for eligible state Medicaid and Children’s Health Insurance Program providers, including assisted living operators,...
Operators must provide more data if lessons are to be learned from pandemic: exec
By
James M. Berklan
Jun 16, 2020
If the long-term care industry hopes to devise coping strategies for COVID-19, then operators across a wider spectrum of provider types must start submitting data to increase transparency about coronavirus...
$672 million would be cost of one-time COVID-19 testing for all assisted living and nursing home residents,...
By
Kimberly Bonvissuto
May 28, 2020
Testing every U.S. assisted living community and nursing home resident and staff member for COVID-19 one time would cost $672 million, according to data released Wednesday by the American Health Care Association...
Brookdale keeps COVID cases under 1% but sees occupancy decline, calls for government aid
By
Kimberly Bonvissuto
May 07, 2020
Less than 1% of residents at the country’s largest senior living operator have tested positive for COVID-19, but the virus has still affected occupancy rates, according to Brookdale Senior Living...