Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
‘Misallocation’ of COVID-19 vaccines led to preventable deaths of older adults: study
By
Kimberly Bonvissuto
Apr 16, 2024
Older adults in New York City may have missed out on timely COVID-19 vaccinations — and possibly died — due to a misallocation of resources that allowed younger adults in wealthy neighborhoods to jump...
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
EEOC issues updated COVID-19 guidance on religious exemptions … Senate confirms Douglas Parker as OSHA leader … Atria Senior Living, Holiday Retirement report near 100% staff vaccination … Best places...
Communities face potential investigation, legal action over $900 COVID-19 fee allegedly charged to residents
By
Kimberly Bonvissuto
Aug 28, 2020
The Michigan Attorney General’s office on Thursday issued a cease and desist letter to 11 senior living communities throughout the state’s Lower Peninsula, along with their parent and management companies,...
Where you live might matter when it comes to COVID-19 infection rates: study
By
Kimberly Bonvissuto
Dec 14, 2020
Positive COVID-19 cases and deaths were “substantially higher” in assisted living communities and nursing homes compared with home- and community-based settings, according to a recent study in JAMDA,...
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
Staffer died because resident wasn’t properly screened, lawsuit alleges
By
Kimberly Bonvissuto
Dec 16, 2020
A California memory care operator is being sued by the family of a 32-year-old worker who died from COVID-19 complications after the community allegedly failed to properly screen a new resident.
Tightening labor market requires employers to be competitive: labor expert
By
Kimberly Bonvissuto
Dec 21, 2021
With a tightening labor market, employers need to stand out and be competitive to attract and retain workers, according to a labor data expert.