Walmart experiment uses drones to deliver COVID-19 self-testing kits
By
John O'Connor
Sep 24, 2020
For those unable or unwilling to leave home for a COVID-19 test, Walmart is trying out a unique experiment: bringing the test to customers’ homes, via drone.
Marketing campaign aims to share benefits of senior living in COVID-19 era
By
Kimberly Bonvissuto
Sep 10, 2020
A new marketing campaign is bringing together unaffiliated senior living communities and sponsors to communicate the benefits of senior living to prospective residents and their families in the era of...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Middle-market M&A activity has declined nearly 22% year over year: Capstone Headwaters report
By
Amy Novotney
Aug 31, 2020
Middle-market merger and acquisition activity has fallen 21.6% since the second quarter of 2019, due to the pandemic severely slowing transaction volume. That’s according to a capital markets update...
6 tips to help senior living operators weather the insurance marketplace’s ‘perfect storm’
By
Amy Novotney
Aug 21, 2020
The senior living sector is in the midst of a perfect storm in the insurance marketplace, according to an article published Thursday by the Ziegler specialty investment bank. Claims already were increasing...
Omnicare layoffs fuel speculation about possible CVS marketplace exit
By
Kimberly Bonvissuto
Lois A. Bowers
Aug 14, 2020
CVS Health is proceeding with layoffs that could exceed 700 employees within Omnicare, its long-term care pharmacy business, a source tells McKnight’s Senior Living. CVS confirmed that layoffs will occur,...
Aging services leaders issue urgent plea for federal plan to end ‘national nightmare’ of COVID-19
By
Lois A. Bowers
Aug 06, 2020
A federal plan is needed to end the “national nightmare” of the pandemic, the leaders of six national organizations representing aging services providers told the president, vice president and leaders...
Maryland announces plan to stop funding nursing home COVID-19 testing, prompting industry outcry
By
Amy Novotney
Jul 30, 2020
Costs related to coronavirus testing forced Maryland state leaders to peg August 15 as the date the state will no longer be able to pick up the tab for mandatory weekly COVID-19 testing of nursing home...
Meet Mary Alice Ryan, Hall of Honor inductee
By
James M. Berklan
Jul 16, 2020
Mary Alice Ryan, president and CEO, St. Andrew’s Resources for Seniors System, St. Louis, is a member of the 2020 McKnight’s Women of Distinction Hall of Honor.
Move-in acceleration within seniors housing at highest level since late March: NIC survey
By
Amy Novotney
Jul 14, 2020
Pent-up demand from residents and families as well as the easing of COVID-19-related move-in restrictions freeing up a backlog of pre-pandemic planned move-ins has pushed move-in acceleration to its highest...