Unique operating model produces continued profitability, Pennant Group execs say
By
Kimberly Bonvissuto
Nov 12, 2020
Occupancy declines in the early months of the COVID-19 pandemic were replaced by slight occupancy increases as the Pennant Group’s Pinnacle senior living business produced strong results into the third...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
Conflicting information imperils Provider Relief Fund application process as deadline looms: ASHA
By
Lois A. Bowers
Nov 03, 2020
As Friday’s deadline to apply for Phase 3 monies from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund approaches, the American Seniors Housing Association is seeking...
Omega Healthcare Investors and Maplewood Senior Living hope to open their Manhattan high-rise assisted living and memory care community “as soon as possible,” Omega Chief Corporate Development Officer...
Operators better prepared to manage next pandemic: LTC Properties CEO
By
Kimberly Bonvissuto
Nov 02, 2020
The senior living and care industry has faced considerable challenges related to COVID-19, but operators now have better tools and a better understanding of how to manage in the pandemic, LTC Properties...
New Welltower CEO remains committed to ‘wellness infrastructure’
By
Kimberly Bonvissuto
Oct 30, 2020
During his first earnings call as CEO of Welltower, Shankh Mitra said the Toledo, OH-based real estate investment trust’s strategy will not change.
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...
‘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...