Walgreens, CVS begin mass vaccinations at long-term care facilities today … Only 14% of nursing homes plan to mandate COVID-19 vaccine for staff: McKnight’s survey … Nursing home spending down 9.8%...
Michigan senior care facility to reduce skilled nursing beds by more than half as a result of pandemic
By
Amy Novotney
Dec 02, 2020
An Ann Arbor, MI, senior care facility has announced that it will be reconfiguring its operations significantly due to the impact of the ongoing COVID-19 pandemic. The changes offer a vivid example of...
PPP loan forgiveness gets simpler for some
By
Amy Novotney
Oct 23, 2020
Long-term care operators who received Paycheck Protection Program loans of $50,000 or less have a new, more simplified option when it comes to applying for loan forgiveness.
Most affordable seniors housing providers can’t afford pandemic supplies: survey
By
Amy Novotney
Oct 22, 2020
The majority (69%) of affordable seniors housing providers say they are at least financially strained — if not severely financially strained — as a result of having to pay for personal protective equipment,...
Seniors housing REITs a risky investment right now: Motley Fool
By
Amy Novotney
Oct 06, 2020
The COVID-19 pandemic has turned many formerly safe investments into potentially risky ventures. These include seniors housing real estate investment trusts, according to a Motley Fool analysis.
Nonprofits seeing most growth in expansions and affiliations: Ziegler
By
Amy Novotney
Sep 24, 2020
Affiliations and acquisitions are far surpassing new developments within the nonprofit senior living sector, and that trend is likely to continue. That’s according to speakers at the opening session...
Seniors housing investment returns drop for first time since 2012: NIC
By
Amy Novotney
Sep 17, 2020
Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council...
LTC must be a priority in next stimulus bill: AHCA/NCAL
By
Amy Novotney
Sep 09, 2020
As the Senate returns to Washington this week, lawmakers must focus on ensuring that long-term care facilities have the resources needed to keep residents and staff members safe, according to a statement...
Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
Liability dispute stalls COVID-19 relief bill
By
Amy Novotney
Jul 31, 2020
Negotiations between the White House and congressional Democrats have stalled this week over the COVID-19 liability protections proposed for businesses, healthcare providers and schools in the $1 trillion...