Assisted living could be next in line for COVID relief funds
By
Kimberly Bonvissuto
Aug 24, 2020
Senior living providers are expected to have access soon to funding from the federal government to help them with their COVID-19-related expenses, according to the American Seniors Housing Association....
Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...
New Jersey proposes $155 million for safe reopening of senior living and care communities
By
Kimberly Bonvissuto
Aug 19, 2020
New Jersey Gov. Phil Murphy, the state Department of Health and the Department of Human Services have proposed providing assisted living, memory care and other long-term care facilities with $155 million...
Voices growing in call for senior living to receive federal aid
By
Lois A. Bowers
Aug 17, 2020
For months now, industry associations have been making the case for senior living operators to be included in a federal COVID relief package. Increasingly, their messages are being heard, and other voices...
Aging services providers call out Congress for ‘walking out on older Americans’ during pandemic
By
Kimberly Bonvissuto
Aug 17, 2020
Nonprofit aging services leaders from some states hit hardest by COVID-19 shared their challenges amidst the pandemic on Friday and called out Congress for taking a summer recess.
Most nursing homes losing money: AHCA survey
By
Amy Novotney
Aug 14, 2020
COVID-19 had led to increased costs and financial hardship among nursing homes across the nation, according to a survey of 463 nursing home operators conducted earlier this week by the American Health...
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.
Hearing highlights COVID-19 testing challenges facing senior living and care providers
By
Kimberly Bonvissuto
Aug 12, 2020
During a Pennsylvania public hearing on COVID-19 testing challenges, a state senior living and care advocacy organization called for prioritizing long-term care for testing resources.
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
COVID-19 introduces uncertainties, lessons for senior living industry: LTC Properties
By
Kimberly Bonvissuto
Aug 03, 2020
In its second-quarter earnings call, real estate investment trust LTC Properties executives relayed the uncertainties the COVID-19 pandemic has introduced into the senior living industry, as well as color...