Many operators have not sought PPP loan forgiveness: Ziegler
By
Amy Novotney
Aug 26, 2020
Many senior living recipients of Paycheck Protection Program loans have not filed applications for loan forgiveness, according to data compiled by specialty investment bank Ziegler.
Senior living prospects undaunted by COVID-19 pandemic: survey
By
Kimberly Bonvissuto
Aug 11, 2020
The COVID-19 pandemic has not diminished prospective residents’ interest in moving to a senior living community, with on-site access to care and services and socialization among the main perceived benefits,...
Capital Senior Living reiterates uncertainty about future to SEC
By
Lois A. Bowers
Aug 11, 2020
Capital Senior Living reiterated its belief that conditions related to COVID-19 “raise substantial doubt about the company’s ability to continue as a going concern” in a document filed Monday with...
Diversified, Five Star: COVID-19 creating ‘extremely challenging operating environment’ for senior...
By
Kimberly Bonvissuto
Aug 07, 2020
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely...
Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
EAPs and other resources that senior living must put in front of its COVID-19-pressured workers
By
Glenn Day
Jul 30, 2020
With the resources to be found in EAPs, senior living and care employees will be better equipped to manage the pressures and continue to carry on.
Operators need $100 billion to cover COVID costs, industry group says
By
Lois A. Bowers
Jul 22, 2020
Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting...
Senior living needs ‘substantial and immediate financial relief’ from COVID-19, leaders tell federal...
By
Lois A. Bowers
Jul 21, 2020
Senior living operators require “substantial and immediate financial relief” from expenses related to the COVID-19 pandemic, the leaders of four major associations representing operators of independent...
The right technology can simplify contact tracing, promote social distancing
By
Michele York
Jul 16, 2020
As senior living communities and other long-term care settings across the country work through the various phases of reopening, it’s become apparent that solutions for contact tracing and social distancing...
Short-staffed on a holiday weekend, senior living community successfully weathers COVID-19 storm
By
Kimberly Bonvissuto
Jul 13, 2020
A perfect storm of a holiday weekend and nine employees testing positive for COVID-19 left a Reno, NV, assisted living and memory care community in a staffing emergency, testing its policies, its supply...