COVID-19 will drive innovation in senior living development: survey
By
Kimberly Bonvissuto
Sep 22, 2020
Creativity in design, financing, construction, operations and marketing is imperative to the senior living industry moving forward post-COVID-19, according to the results of a survey of for-profit senior...
Technology-enabled services and care are fueling innovation in senior living, speakers say
By
Kimberly Bonvissuto
Sep 18, 2020
Investments in technology and technology-enabled care are fueling innovation in the senior living and care industry, although more investment is needed, according to industry experts.
Georgia Legislature blocks ‘granny cam’ legislation; industry reps raised concerns
By
Kimberly Bonvissuto
Sep 15, 2020
A bill that would allow residents of assisted living communities and personal care homes to install electronic monitoring equipment in their rooms has been blocked by the Georgia General Assembly, according...
41% don’t trust assisted living, nursing homes to keep residents safe during pandemic: survey
By
Kimberly Bonvissuto
Sep 11, 2020
Forty-one percent of participants in a new survey said they don’t trust assisted living communities and nursing homes to keep older adults safe amid the coronavirus pandemic.
Beware of compliance obligations when accepting provider relief funds, attorney says
By
Kimberly Bonvissuto
Sep 10, 2020
The federal government answered the call for relief earlier this month when it deemed that assisted living providers now are eligible for provider relief funds. But that relief comes with some pretty significant...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Paying direct care workers a living wage would reduce turnover, increase productivity by at least $5.5B:...
By
Amy Novotney
Sep 09, 2020
Raising the pay of workers in residential care settings to the living wage in their respective states would lead to several economic benefits for workers, employers and the economy overall, according to...
Senior living’s slide into the welfare class
By
John O'Connor
Sep 03, 2020
The push for support for assisted living from Uncle Sam is intensifying. But as any skilled care operator will remind you, Uncle Sam tends to be a very demanding business partner.
Pandemic-related fiscal woes to continue: report
By
Amy Novotney
Aug 27, 2020
The healthcare industry — and senior housing in particular — will see continued distress as a result of the COVID-19 pandemic, according to a report released Wednesday by Polsinelli, a law firm.
CMS to fine SNF operators up to $8,000 if they don’t test all staff for COVID-19
By
James M. Berklan
Aug 27, 2020
Nursing home operators could face fines of up to $8,000 if they don’t comply with new federal regulations that mandate they test all staff members for COVID-19.