Private equity firms halt dealmaking amid COVID-19
By
Amy Novotney
Mar 27, 2020
Many private equity firms are turning their attention away from mergers and acquisitions to focus on the needs of its current portfolio holdings amid the market’s uncertainty around the coronavirus pandemic,...
Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...
Concerns grow that pandemic relief bill will accelerate ongoing shift to HCBS
By
Amy Novotney
Mar 01, 2021
The $1.9 trillion coronavirus relief package passed by the U.S. House of Representatives on Saturday includes billions of dollars in new funding for government long-term services and supports for frail...
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...
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...
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,...
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
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...
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
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.