Legal experts warn of incoming lawsuits for long-term care
By
Amy Novotney
Feb 09, 2021
Legal teams for both long-term care operators and the residents and families affected by the COVID-19 pandemic are gearing up for lawsuits alleging neglect and wrongful death as a result of the virus —...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Business briefs for Monday, Dec. 21
Dec 21, 2020
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%...
AHCA warns that two-thirds of nursing homes are operating at a loss
By
Amy Novotney
Dec 17, 2020
The COVID-19 pandemic is pushing many skilled nursing operators close to bankruptcy, according to a new survey by the American Health Care Association. The organization surveyed 953 nursing home operators...
Time is now for coordinating employee vaccine process: workplace safety expert
By
Amy Novotney
Dec 08, 2020
Whether long-term care operators will mandate that their employees get a COVID-19 vaccine once one is available has been a topic of much discussion over the past several weeks.
Ongoing COVID-19 staffing and funding challenges force assisted living community to close
By
Amy Novotney
Nov 24, 2020
The Sisters of Nazareth confirmed this week that they will be closing a Marin County, CA, senior living community amid ongoing staff shortages and financial challenges resulting from the ongoing coronavirus...
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
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.
Aging groups see ‘skinny’ bill as a lightweight proposal
By
Amy Novotney
Aug 20, 2020
Aging services providers criticized a new version of the Senate Republican leadership’s Health, Economic Assistance, Liability Protection and Schools Act proposal released Wednesday, saying it does little...
Most nursing homes losing money: AHCA survey
By
Amy Novotney
Aug 14, 2020
COVID-19 had led to increased costs and financial hardship among nursing homes across the nation, according to a survey of 463 nursing home operators conducted earlier this week by the American Health...