Nursing care prices increase 3.3% in January, but spending down 7.8%
By
Amy Novotney
Feb 23, 2021
National health spending on nursing care dropped 7.8% in 2020 compared with the previous year, according to a health sector economic indicator brief released Friday by nonprofit research and consulting...
Long-term outlook strong for senior living: Baird
By
Amy Novotney
Feb 09, 2021
Senior housing industry fundamentals likely will remain “negative and choppy” for the foreseeable future, but its long-term thesis looks strong, according to investment banking firm Baird.
Business briefs for Tuesday, Feb. 2
Feb 02, 2021
LeadingAge urges Treasury to consider older adults in $25 billion rent relief program … Fitch revises rating outlook for Sabra to stable from negative and affirms the ratings for Sabra’s debt as ‘BBB-‘...
Confluent, MorningStar break ground on new community incorporating infection control design changes
By
Amy Novotney
Jan 28, 2021
Co-developers Confluent Senior Living and MorningStar Senior Living broke ground Wednesday on the development of an urban infill community in Denver’s Observatory Park neighborhood.
BMO Capital Markets predicts elongated seniors housing recovery, changes outlooks for REITs
By
Amy Novotney
Jan 11, 2021
Although the COVID-19 vaccines are expected to become more widely available as the first quarter continues, investment banking firm BMO Capital Markets is predicting an elongated recovery for the senior...
Capital Senior Living completes exit of all triple-net leases, establishes new management services business
By
Amy Novotney
Jan 11, 2021
Dallas-based operator Capital Senior Living has completed the previously announced exit of all its triple-net lease agreements and has established a new management services business to aid future growth.
Focus on socialization, meals, helps Premier keep prospects interested in moving in
By
Amy Novotney
Jan 04, 2021
As with so many senior living operators, New York, NY-based Premier Senior Living faced a double whammy drop in occupancy during the second quarter of 2020 as a result of the COVID-19 pandemic.
Skilled nursing operators will recover by 2022 — without federal help, says ratings agency
By
Amy Novotney
Dec 17, 2020
Although many in the senior care industry have been focusing on the recent surge in COVID-19 deaths and record low skilled nursing occupancy rates, one ratings agency says it’s banking on a full recovery...
‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
By
Amy Novotney
Dec 15, 2020
The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility...
More than a third of seniors will wait to get COVID-19 vaccine: survey
By
Amy Novotney
Dec 15, 2020
As COVID-19 vaccinations among high-risk populations begin this week, more than one in three seniors (36%) now say they plan to wait to get the vaccine, according to a new survey from insurance firm GoHealth....