FY 2022 SNF reimbursement proposal could weaken rent coverage for skilled nursing REITS: Mizuho
By
Amy Novotney
Apr 14, 2021
Last week, the Center for Medicare & Medicaid Services released its 2022 fiscal year reimbursement proposal for skilled nursing facilities that includes a 1.3% boost to Medicare payments. The overall $444...
DHC to transition 108 Five Star senior living communities to other operators by year’s end
By
Amy Novotney
Apr 12, 2021
Diversified Healthcare Trust will amend its management arrangements with Five Star Senior Living to transition 108 senior living communities, representing approximately 7,500 units, to other operators...
Long-term care lenders say COVID-19 continues to affect terms, requirements
By
Amy Novotney
Apr 07, 2021
As senior living and skilled nursing residents complete their COVID-19 vaccinations and case counts continue to decrease within the setting, some banks may be getting ready to re-enter the long-term care...
Single-property operators generally saw smaller occupancy declines during 2020 than very large ones:...
By
Amy Novotney
Apr 02, 2021
The largest senior housing operators — those with 25 or more properties — experienced the greatest drops in occupancy during the pandemic, according to a National Investment Center for Seniors Housing...
Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
Business briefs for Thursday, March 25
By
Amy Novotney
Mar 25, 2021
More than 80% of Americans say pandemic has affected their retirement plans: survey … Fitch affirms negative outlook rating for Ventas, affirms and withdraws negative outlook rating for Welltower …...
Post-COVID changes in design and operations likely to affect profitability and returns for some time:...
By
Amy Novotney
Mar 23, 2021
Even as census rate declines within senior living communities begin to slow as a result of vaccine rollouts and COVID-19 case declines within the sector, some experts say headwinds are expected to continue...
Senior living occupancy declines slowed in February as COVID-19 cases fell and vaccinations rose: NIC
By
Amy Novotney
Mar 18, 2021
The occupancy rate within majority independent living organizations fell just 0.2% last month. It was a new low of 82.5%, but the drop was the smallest month-over-month decline since March 2020, when the...
NHI defers another $3M in Bickford rent
By
Amy Novotney
Mar 17, 2021
National Health Investors has agreed to defer another $3 million in rent due for March from Bickford Senior Living, the real estate investment trust announced late Monday. Deferred rents for the first...