Only ‘very small percent’ of LTC providers will require staff to get COVID vaccine: LeadingAge poll
By
Amy Novotney
Jan 04, 2021
An informal poll conducted late last month by one LeadingAge state partner found that only a very small percent of long-term care operators plan to require a COVID-19 vaccine as a condition of employment,...
Skilled nursing operators will recover by 2022 — without federal help, says ratings agency
By
Amy Novotney
Dec 17, 2020
Although many in the senior care industry have been focusing on the recent surge in COVID-19 deaths and record low skilled nursing occupancy rates, one ratings agency says it’s banking on a full recovery...
Flipping mindset to focus on the future will help CCRCs thrive post-pandemic: speakers
By
Amy Novotney
Nov 19, 2020
One of the biggest outcomes of the pandemic on the life plan / continuing care retirement community sector has been giant leaps made in recognizing the importance of connectivity within the lives of older...
Business briefs for Wednesday, Nov. 18
By
Amy Novotney
Nov 18, 2020
Welltower, NHI provide business updates around October rent collection, occupancy … New Hampshire reinstates extra weekly stipend for nursing home workers until end of 2020 … Financial services firm...
Elderly homelessness will be America’s next great housing crisis: NYT analysis
By
Amy Novotney
Oct 02, 2020
Even before the pandemic hit, the number of elderly people experiencing homelessness was projected to triple within the next decade. A New York Times examination finds that swelling numbers of homeless...
Treasury Department says PPP forgiveness to begin by next week
By
Amy Novotney
Oct 01, 2020
The Treasury Department said Tuesday it would begin forgiving loans granted to small-business owners under the Paycheck Protection Program, following banks’ and borrowers’ complaints that the process...
HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
‘Pocket neighborhood’ seeks to address region’s lack of affordable housing for seniors
By
Amy Novotney
Sep 25, 2020
Older adult residents of North Texas soon will have a novel new housing option in a “pocket neighborhood” being developed near Fort Worth.
Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
U.S. Treasury task force: Federal government must educate public about LTC costs
By
Amy Novotney
Aug 17, 2020
The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency...