Ongoing concerns over pandemic recovery leads to NHI, Omega, Sabra downgrades from Mizuho
By
Amy Novotney
Jan 14, 2021
An analysis released Wednesday from investment banking firm Mizuho Securities USA includes a downgrade of real estate investment trust National Health Investors to “underperform” from “neutral.”...
Brookdale’s December occupancy drops to 71.5%
By
Amy Novotney
Jan 13, 2021
Brookdale Senior Living reported new occupancy lows as 2020 ended, with a December weighted average occupancy and month-end occupancy of 71.5%.
Genesis HealthCare looks toward pandemic recovery after CEO change
By
Danielle Brown
Jan 06, 2021
The new chief executive officer of post-acute care giant Genesis HealthCare is hoping to steer the company onto a steadier path after months of financial uncertainty caused by the pandemic.
Only ‘very small percent’ of LTC providers will require staff to get COVID vaccine: LeadingAge poll
By
Amy Novotney
Jan 04, 2021
An informal poll conducted late last month by one LeadingAge state partner found that only a very small percent of long-term care operators plan to require a COVID-19 vaccine as a condition of employment,...
Skilled nursing operators will recover by 2022 — without federal help, says ratings agency
By
Amy Novotney
Dec 17, 2020
Although many in the senior care industry have been focusing on the recent surge in COVID-19 deaths and record low skilled nursing occupancy rates, one ratings agency says it’s banking on a full recovery...
Flipping mindset to focus on the future will help CCRCs thrive post-pandemic: speakers
By
Amy Novotney
Nov 19, 2020
One of the biggest outcomes of the pandemic on the life plan / continuing care retirement community sector has been giant leaps made in recognizing the importance of connectivity within the lives of older...
Business briefs for Wednesday, Nov. 18
By
Amy Novotney
Nov 18, 2020
Welltower, NHI provide business updates around October rent collection, occupancy … New Hampshire reinstates extra weekly stipend for nursing home workers until end of 2020 … Financial services firm...
CMS grants operators an additional year to pay off loans received through the Medicare Accelerated and...
By
Danielle Brown
Oct 13, 2020
Providers who participated in the Medicare Accelerated and Advanced Payment Program for COVID-19 emergency will now have another year to pay back the loan thanks to Congress.
Elderly homelessness will be America’s next great housing crisis: NYT analysis
By
Amy Novotney
Oct 02, 2020
Even before the pandemic hit, the number of elderly people experiencing homelessness was projected to triple within the next decade. A New York Times examination finds that swelling numbers of homeless...
Treasury Department says PPP forgiveness to begin by next week
By
Amy Novotney
Oct 01, 2020
The Treasury Department said Tuesday it would begin forgiving loans granted to small-business owners under the Paycheck Protection Program, following banks’ and borrowers’ complaints that the process...