How senior living operators can come out ahead on challenging renewals – pandemics, hard markets and...
By
Jordan Parnell
Gerald Stoll
Dec 10, 2020
You can take steps that will equip you to deal with a lot of the short-term pressure — and also put your organization in a much better position from a risk perspective over the long term.
Time is now for coordinating employee vaccine process: workplace safety expert
By
Amy Novotney
Dec 08, 2020
Whether long-term care operators will mandate that their employees get a COVID-19 vaccine once one is available has been a topic of much discussion over the past several weeks.
Independent, assisted living continue to face occupancy pressures as memory care, skilled nursing remain...
By
Kimberly Bonvissuto
Dec 03, 2020
Independent living and assisted living operators continue to face occupancy pressures, whereas memory care and skilled nursing occupancy rates have remained fairly stable, according to specialty investment...
6 keys to bolstering your reputation
By
Courtney Malengo, APR
Nov 16, 2020
Here are some tips to assess your organization’s reputation, proactively identify reputational risks and implement strategies to bolster your reputation.
Business briefs for Friday, Nov. 13
Nov 13, 2020
Invesque amends corporate credit facility; executes memorandum of understanding with SymCare … Pandemic’s costs to senior living on track to reach $17 billion: ASHA … Nursing homes are in era of...
COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Unique operating model produces continued profitability, Pennant Group execs say
By
Kimberly Bonvissuto
Nov 12, 2020
Occupancy declines in the early months of the COVID-19 pandemic were replaced by slight occupancy increases as the Pennant Group’s Pinnacle senior living business produced strong results into the third...
Pennant Group again increases 2020 guidance; highlights strong balance sheet
By
Amy Novotney
Nov 12, 2020
After already increasing its 2020 annual adjusted earnings per share guidance by approximately 34% in its second quarter earnings release, the Pennant Group again revised upward Tuesday, to a range of...
Pandemic’s upending of senior living might not be such a bad thing: speaker
By
Kimberly Bonvissuto
Nov 11, 2020
Senior living and care has been one of the industries most disrupted by the COVID-19 pandemic, creating “radical changes” in resident engagement. But that might not be such a bad thing, according to...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...