COVID-19 ‘nightmare’ provides ‘teachable moment’ for industry: NIC panel
By
Kimberly Bonvissuto
Oct 07, 2020
COVID-19 is “a nightmare beyond any worst-case scenario” for the senior living and care industry, but the overriding message is “we’re going to get through this,” Mark Parkinson, president and...
Future of seniors housing industry is ‘all about a vaccine’: NIC economist
By
Kimberly Bonvissuto
Oct 06, 2020
The future of seniors housing will depend on several factors, but to National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace, “It’s all about a vaccine.”
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.
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...
Assisted living to receive 15 million more COVID tests, but more support needed, provider groups say
By
Kimberly Bonvissuto
Sep 30, 2020
Assisted living communities will receive 15 million additional COVID-19 rapid, point-of-care antigen tests in the coming weeks, President Donald Trump announced Monday in providing an update on the nation’s...
$100 billion should be added to Provider Relief Fund for coronavirus-related needs, industry groups say
By
Lois A. Bowers
Sep 29, 2020
Congress should pass another COVID-19 funding package, adding $100 billion to the U.S. Department of Health and Human Services’ Provider Relief Fund, maintain the American Health Care Association / National...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
‘Beginning to crumble’: Providers face operational crisis in battling COVID-19
By
Kimberly Bonvissuto
Sep 17, 2020
A survey of long-term care providers in Pennsylvania provides a “sobering” look at how the pandemic is affecting operations and should be cause for “immediate alarm,” according to an association...
Seniors housing investment returns drop for first time since 2012: NIC
By
Amy Novotney
Sep 17, 2020
Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...