Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
1.5 million reasons not to ‘rob’ senior living to pay for roads, bridges and sewer pipes
By
Lois A. Bowers
Jul 26, 2021
Senior living and care leaders turned up the pressure on members of Congress on Friday, pointing out the dangers associated with a rumored plan to take $24 billion away from the Provider Relief Fund —...
Senior living occupancy reaches new record low of 78.8 percent in first quarter: NIC
By
Lois A. Bowers
Apr 08, 2021
Occupancy at U.S. senior living communities — independent living and assisted living combined — reached a record low of 78.8% in the first quarter, according to new NIC MAP data released today. The...
Senior living seeks some of $23 billion remaining in CARES Act funding to help cover COVID costs
By
Lois A. Bowers
Apr 05, 2021
Two senators estimate that approximately $23 billion remains in the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund and maintain that “a proportional allocation of funds...
States should fund senior living, relax visitation restrictions, association leaders tell governors
By
Lois A. Bowers
Mar 12, 2021
The National Governors Association should “strongly encourage” state governments to provide financial relief to senior living providers and caregivers for COVID-19-related expenses, Argentum President...
Pandemic drives senior living occupancy to record lows
By
Lois A. Bowers
Jan 08, 2021
The coronavirus pandemic continues to negatively affect occupancy in senior living, with percentages released Thursday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service...
‘Challenging public policy environment’ awaits senior living in 2021
By
Lois A. Bowers
Jan 07, 2021
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according...
Recovering from emotional, economic effects of pandemic will dominate senior living in 2021
By
Lois A. Bowers
Jan 04, 2021
Virus-related matters will dominate the actions of senior living owners and operators for the time being, industry leaders told McKnight’s Senior Living.
Big senior living stories of 2020
By
Lois A. Bowers
Dec 22, 2020
A year ago, nobody in the U.S. senior living industry would have predicted that a pandemic would upend everyone’s personal and professional lives in 2020. But COVID-19 undoubtedly was the story of the...
COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...