Investing in private rooms may have prevented nearly a third of COVID-19 long-term care infections, deaths:...
By
Amy Novotney
Apr 27, 2021
Greater investment in proper infrastructure, including private rooms and adequate staffing, likely would have gone a long way in protecting long-term care residents from COVID-19 outbreaks, an international...
Expect more M&A activity, competition from for-profit operators in months ahead: Ziegler
By
Amy Novotney
Apr 22, 2021
The COVID-19 pandemic led to a significant variation of impact across senior living and care providers, but across the nation, the sector can expect to see an escalation of mergers, affiliations, acquisitions...
Trimming costs and creating operational efficiencies in a post-COVID world
By
Amy Novotney
Apr 22, 2021
As the COVID-19 pandemic pushed senior living and care expenses to an all-time high, at a pace greater than what resident fee increases can absorb, taking the time to trim unnecessary costs and implement...
Senior housing values likely to rise more than 6% this year: investor survey
By
Amy Novotney
Apr 20, 2021
Despite the ongoing challenges presented by the COVID-19 pandemic, investors are expressing a returning confidence in commercial real estate values and performances, a new survey shows.
Developers on post-COVID hunt to turn former hotels into senior housing
By
Amy Novotney
Apr 19, 2021
Commercial real estate, particularly hotels and office spaces, have been hit hard by the pandemic, and some properties may never fully recover. Now an effort is afoot by some New York developers to convert...
Data supports trending improvement in move-ins and occupancy rates, but staffing shortages persist: NIC...
By
Amy Novotney
Apr 16, 2021
Many operators have been eagerly anticipating a boost in occupancy due to the COVID-19 vaccine availability, and the latest executive survey results, released Thursday from the National Investment Center...
Paid time off, additional education may help employers counter COVID vaccine hesitancy: report
By
Amy Novotney
Apr 16, 2021
Paid time off for vaccination and recovery is one of the most influential actions employers can take to increase COVID-19 vaccination uptake, according to a report examining vaccine hesitancy of employees...
Seniors housing and care M&A activity drops 39% in the first quarter
By
Amy Novotney
Apr 15, 2021
After a strong fourth quarter, merger and acquisition activity within the senior housing and care industries dropped precipitously to 77 deals in the first quarter of this year, according to data released...
Despite heroic efforts to keep residents safe, an Illinois senior living community is closing due to...
By
Amy Novotney
Apr 15, 2021
A Southwest Illinois senior living center announced this week that it will close in two months due to financial issues not helped by the coronavirus pandemic. Faith Countryside Homes, a nonprofit nursing...
Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...