Moody’s describes turmoil many operators are experiencing
By
Amy Novotney
May 18, 2020
The combination of higher costs to protect residents and an inability to generate incremental revenue through new admissions due to the coronavirus pandemic is placing many senior living communities and...
White House announcements do nothing to help non-nursing home settings, LeadingAge says; AARP opposes...
By
Lois A. Bowers
May 12, 2020
The White House’s recommendation that all states test nursing home residents and staff members for the novel coronavirus over the next two weeks, and President Trump’s comment that “we have prevailed”...
Forbes: The future of nursing homes looks grim
By
Amy Novotney
May 05, 2020
Although some of short-term pandemic-related costs faced by skilled nursing facilities will likely fade over time, the industry’s current overall model may be financially unsustainable without broad...
Industry groups seek immunity from pandemic-related lawsuits for operators
By
Lois A. Bowers
Apr 28, 2020
While national and state associations seek legal immunity against claims arising out from actions related to fighting COVID-19, a House task force has prioritized long-term care and affordable senior housing...
Pandemic’s costs likely to leave SNFs reeling
By
Amy Novotney
Apr 22, 2020
Even before the coronavirus swept through the skilled nursing industry, many were struggling with thin profit margins. Now they could be wiped out, according to an article in The New York Times Tuesday.
Nearly three-quarters of SNFs reported occupancy declines in first half of April: NIC
By
Amy Novotney
Apr 17, 2020
Seventy percent of skilled nursing facility operators saw declines in their occupancy rates compared with one month ago, according to data collected from owners and executives at 146 seniors housing and...
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
NIC report: Half of SNFs reported declines in occupancy rates and a deceleration in move-in rates last...
By
Amy Novotney
Apr 06, 2020
About half of nursing homes saw declines in their occupancy rates last month, according to data collected from owners and executives at 180 seniors housing and skilled nursing operators from across the...
Record prices paid for assisted living units, while SNFs top $93,000
By
Amy Novotney
Mar 25, 2020
Before the coronavirus pandemic took over the U.S. economy, the seniors housing and care market was as a roll, according to data released Monday from Norwalk, CT-based Irving Levin Associates. The average...
Senior housing and care facilities could help employ today’s out-of-work restaurant, hotel and retail...
By
Amy Novotney
Mar 20, 2020
As COVID-19 spreads, keeping a full staff will be one of the most pressing issues skilled nursing and senior living facilities will face, experts say. That’s because caregivers who come in contact with...