Senior living occupancy reaches new record low of 78.8 percent in first quarter: NIC
By
Lois A. Bowers
Apr 08, 2021
Occupancy at U.S. senior living communities — independent living and assisted living combined — reached a record low of 78.8% in the first quarter, according to new NIC MAP data released today. The...
Senior living providers take $15.4 billion hit from pandemic, with more than a quarter of it in 3 states
By
Lois A. Bowers
Mar 16, 2021
Senior living providers have lost more than $15.4 billion due to the pandemic, and three states account for more than one-fourth of that amount, according to calculations from Argentum.
HHS: Public health emergency likely to last rest of year
By
Lois A. Bowers
Jan 26, 2021
The federal public health emergency related to the coronavirus pandemic likely will extend through 2021, Acting Health and Human Services Secretary Norris Cochran said Friday in a letter to governors.
Some senior living operators add vaccine access to marketing toolkits to help rebuild occupancy
By
Kimberly Bonvissuto
Jan 25, 2021
As the COVID-19 pandemic sends occupancy rates plummeting in senior living communities, some operators are adding vaccine access to their marketing toolbox in a bid to entice prospective residents and...
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...
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...
Feds announce Provider Relief Fund application for private-pay assisted living
By
Lois A. Bowers
Sep 01, 2020
Private-pay assisted living communities now may apply for funding under the Provider Relief Fund phase 2 general distribution allocation, the Department of Health and Human Services announced Tuesday through...
Sept. 13 is new deadline for eligible assisted living operators to apply for Provider Relief Fund
By
Lois A. Bowers
Sep 01, 2020
Eligible assisted living operators and other eligible providers now have until Sept. 13 to apply for the phase 2 general distribution of the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider...
Communities face potential investigation, legal action over $900 COVID-19 fee allegedly charged to residents
By
Kimberly Bonvissuto
Aug 28, 2020
The Michigan Attorney General’s office on Thursday issued a cease and desist letter to 11 senior living communities throughout the state’s Lower Peninsula, along with their parent and management companies,...
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.