Invesque touts portfolio diversification as a strength in the COVID-19 pandemic
By
Kimberly Bonvissuto
May 15, 2020
When it comes to portfolio diversification, Invesque Chairman and CEO Scott White said he never anticipated that something like the COVID-19 pandemic would figure into its strengths in geographic diversification.
Life plan community model remains stable, viable: report
By
Kimberly Bonvissuto
Jun 16, 2020
Life plan communities were the type of senior living community least affected by the COVID-19 pandemic, reaffirming their stable future, according to a report from specialty investment bank Ziegler.
Operations, profitability remain stable for CCRCs, Fitch says
By
Lois A. Bowers
Sep 06, 2018
Operations and profitability remain stable for U.S. continuing care retirement communities, according to a newly released report from Fitch Ratings. Ratings pressure could be on the way, however.
COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
Assisted living well positioned to fill healthcare delivery gaps: report
By
Kimberly Bonvissuto
Dec 16, 2020
The COVID-19 pandemic highlighted the vulnerable health status of older adults, but it also revealed the “vital role” that senior living communities play in the larger care continuum, according to...
CCRC residents ‘significantly safer’ from COVID deaths than older adults not living in congregate...
By
Lois A. Bowers
Mar 02, 2023
SAN DIEGO—Residents of continuing care retirement communities were “significantly safer” from dying from COVID-19 than were older adults living in noncongregate residential settings in the greater...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
Welltower sees long-term viability in senior living despite near-term challenges
By
Kimberly Bonvissuto
May 08, 2020
COVID-19 affected Welltower’s business overnight, but the real estate investment trust remains committed to senior housing in its portfolio, executives said on a first-quarter earnings call.
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...
OSHA accepting new comments on healthcare worker COVID-19 protection rule
By
Lois A. Bowers
Mar 23, 2022
The Occupational Safety and Health Administration is accepting additional comments as it works to establish a final rule meant to protect assisted living and other healthcare workers from exposure to COVID-19...