Assisted living could be next in line for COVID relief funds
By
Kimberly Bonvissuto
Aug 24, 2020
Senior living providers are expected to have access soon to funding from the federal government to help them with their COVID-19-related expenses, according to the American Seniors Housing Association....
Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
Younger adults most interested in solutions to pay for chronic care as they age: survey
By
Kimberly Bonvissuto
Jun 23, 2020
Young adults’ interest in buying long-term care insurance could bode well for senior living, providing the financial flexibility to afford moving to a senior living community later in life, according...
Members of Congress asks HHS for quick delivery of COVID-19 relief funds to Medicaid providers following...
By
Kimberly Bonvissuto
Jun 08, 2020
A bipartisan group of lawmakers placed a June 10 deadline on a request for the Department of Health and Human Services to quickly distribute COVID-19 relief funding to Medicaid providers.
$672 million would be cost of one-time COVID-19 testing for all assisted living and nursing home residents,...
By
Kimberly Bonvissuto
May 28, 2020
Testing every U.S. assisted living community and nursing home resident and staff member for COVID-19 one time would cost $672 million, according to data released Wednesday by the American Health Care Association...
Brookdale keeps COVID cases under 1% but sees occupancy decline, calls for government aid
By
Kimberly Bonvissuto
May 07, 2020
Less than 1% of residents at the country’s largest senior living operator have tested positive for COVID-19, but the virus has still affected occupancy rates, according to Brookdale Senior Living...
Healthpeak feels effects of COVID-19 but says pent-up demand will help occupancy rebound
By
Kimberly Bonvissuto
May 07, 2020
Healthpeak Properties’s senior housing operators are feeling the effects of COVID-19, but pent-up demand should help occupancy rebound as the pandemic eases, top executives predicted Wednesday on the...
COVID-19 reduces occupancy, elevates costs in Omega’s senior living portfolio
By
Kimberly Bonvissuto
May 06, 2020
Senior living and skilled nursing communities in Omega Healthcare Investors’ portfolio are weathering the effects of COVID-19 through declining occupancy and significantly elevated costs, according...