AHCA/NCAL launches resource guide for COVID-19 grants and loans
By
Amy Novotney
Apr 30, 2020
The American Health Care Association/National Center for Assisted Living has developed a resource guide for operators. The tool will help users better manage options to grants and loan programs during...
Business briefs for Friday, April 24
Apr 24, 2020
Genesis Healthcare not in compliance with NYSE continued listing standard … Ziegler: Telehealth could be a critical business tool in the COVID-19 crisis … Total annual cost of Social Security program...
Ziegler survey: Most senior living operators offering flexible work schedules, extra staff pay during...
By
Amy Novotney
Apr 17, 2020
More than 80% senior living providers are allowing staff members to work from home when possible, according to a Ziegler survey of almost 225 senior living financial leaders. In addition, nearly half of...
HUD implements multifamily mortgage payment relief during pandemic
By
Amy Novotney
Apr 15, 2020
As a result of the ongoing global pandemic, the Department of Housing and Urban Development last week introduced new mortgage payment relief guidance under the CARES Act. The measure targets borrowers...
Brookdale executives donating pay, paid time off to staff during pandemic
By
Amy Novotney
Apr 15, 2020
Brookdale Senior Living President and CEO Cindy Baier donated more than two months’ salary to the firm’s Associate Compassion Fund, the company has announced. Other members of the executive team and...
Study: Public health interventions in COVID-19 pandemic could lead to faster economic recovery
By
Amy Novotney
Apr 02, 2020
A new study co-authored by an MIT economist shows that taking care of public health first helps generate a stronger economic rebound later.
The Paycheck Protection Program: Here’s what senior living operators need to know
By
Amy Novotney
Apr 02, 2020
Smaller senior living and skilled nursing operators overwhelmed by the financial fallout from the coronavirus pandemic can soon tap into a federal bailout fund to pay bills and keep workers on the payroll—and...
JAMA: COVID-19 likely to test postacute services
By
Amy Novotney
Mar 27, 2020
Many patients with COVID-19 will need postacute care to recuperate from their infection. However, postacute care facilities currently lack the capacity and capability to safely treat patients with COVID-19...
Many senior living construction projects continue, with precautions in place
By
Amy Novotney
Mar 23, 2020
In most parts of the country, the construction industry remains largely open, with many reports coming in of work sites continuing to operate, even as many other businesses are shutting down to prevent...
Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...