COVID-19 shouldn’t stop senior living operators from planning for the future: speakers
By
Amy Novotney
Nov 11, 2020
Shortly after the COVID-19 pandemic began, Asbury Communities President and CEO Doug Leidig knew he needed to abandon his firm’s current five-year strategic plan, which was supposed to be in place until...
More COVID-19 relief needed before January, provider groups say
By
Lois A. Bowers
Nov 10, 2020
While congratulating President-elect Joe Biden and Vice President-elect Kamala Harris on their victories at the polls, executives of the American Health Care Association/National Center for Assisted Living...
COVID relief, assisted living regulation top of mind for industry after presidential election
By
Lois A. Bowers
Nov 09, 2020
With the presidential election over and former Vice President Joe Biden the projected winner, senior living industry association leaders say they are optimistic about future efforts related to the battle...
Sabra: Consumer ‘pandemic fatigue’ hurting senior living occupancy
By
Lois A. Bowers
Nov 09, 2020
Operating during the coronavirus pandemic has become the “new normal” for senior housing providers, with infection control protocols and restrictions that can be adapted based on local and state regulations...
Ventas reiterates commitment to senior living, despite pandemic’s effects
By
Kimberly Bonvissuto
Nov 09, 2020
Remaining “sober and clear-eyed” about the national increase in COVID-19 cases, Ventas Chairman and CEO Debra Cafaro said Friday that the Chicago-based real estate investment trust remains committed...
Brookdale sees 2.8 percent occupancy decline, but move-ins and online inquiries are up
By
Lois A. Bowers
Nov 06, 2020
Brookdale Senior Living experienced a 2.8% decline in occupancy from the end of the second quarter to the end of the third quarter but expects improvements as move-ins increase along with consumer confidence...
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...
Capital Senior Living incurs $1.4 million in COVID costs in third quarter
By
Lois A. Bowers
Nov 06, 2020
Capital Senior Living said it incurred approximately $1.4 million in COVID-related costs in the third quarter, making its 2020 COVID-related cost total to date $4.6 million. Total operating expenses for...
Brookdale’s home health and hospice business takes $15 million hit in third quarter due to pandemic
By
Lois A. Bowers
Nov 06, 2020
Revenue in Brookdale Senior Living’s Health Care Services segment, which includes home care and hospice, was flat compared with the second quarter but down 20% year-over-year, Brookdale President and...
Omega Healthcare Investors and Maplewood Senior Living hope to open their Manhattan high-rise assisted living and memory care community “as soon as possible,” Omega Chief Corporate Development Officer...