COVID-19 may force positive changes, improved outcomes in senior living
By
Amy Novotney
Aug 21, 2020
Over the past decade, design trends have been pushing a more progressive, upbeat vision of senior living, one that encourages more independence and social connectivity. Yet the deadly impact of the coronavirus...
Hiring frenzy: Brookdale and other senior living operators seek to address labor shortage with displaced...
By
Amy Novotney
Apr 09, 2020
Senior living companies across the country have begun using the COVID-19 pandemic as an opportunity to fill workforce vacancies with employees who have been laid off from other sectors. Top candidates...
House passes two bills supporting affordable seniors housing
By
Amy Novotney
Jul 06, 2020
Affordable senior housing received a strong boost of support from the House last week as lawmakers passed two pieces of legislation: the Emergency Housing Protections and Relief Act of 2020 and the Moving...
Biden presidency reforms likely to make retirement saving possible for more Americans: fintech expert
By
Amy Novotney
Dec 11, 2020
Retirement in America is changing, with many people living and working longer, although one fintech expert told the McKnight’s Business Daily that she believes the reforms likely to be sought by President-elect...
Belmont Senior Living president: Operating costs triple when facility has a positive case of COVID-19
By
Amy Novotney
May 22, 2020
A positive case of COVID-19 can more than triple a senior living operator’s equipment costs to prevent the virus’ spread, according to Belmont Village Senior Living President Mercedes Kerr. Kerr joined...
Focus on healthcare partnerships key to thriving in seniors housing
By
Amy Novotney
Oct 26, 2020
To survive and even thrive in a post-COVID-19 world, operators must harness their expertise in the needs of seniors and build alliances that put them in the center of the healthcare marketplace. That’s...
Ventas, Welltower comment on COVID-19; Genesis reports 4th-quarter loss
By
Amy Novotney
Mar 18, 2020
The CEOs of two large senior housing real estate investment trusts reassured their residents, staff and investors Tuesday that the companies are prioritizing resident and staff health and safety above...
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...
California lawmaker working to garner support for additional funding of Section 202 Housing for the Elderly...
By
Amy Novotney
Apr 12, 2021
Last week, Rep. Maxine Waters (D-CA), chairwoman of the U.S. House Committee on Financial Services, began circulating a sign-on letter to her House colleagues in support of strong rental assistance funding...
‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
By
Amy Novotney
Dec 15, 2020
The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility...