COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
Most affordable seniors housing providers can’t afford pandemic supplies: survey
By
Amy Novotney
Oct 22, 2020
The majority (69%) of affordable seniors housing providers say they are at least financially strained — if not severely financially strained — as a result of having to pay for personal protective equipment,...
Vaccination, labor availability ‘critical’ to restoring occupancy, performance: Omega
By
Lois A. Bowers
Nov 08, 2021
The rollout of COVID-19 vaccines has helped stem the spread and adverse effects of the coronavirus pandemic, but senior living operators continue to battle with increasing costs driven by the scarcity...
Virtual marketing, remote visits here to stay, senior living and care operators say
By
Amy Novotney
Mar 12, 2021
Many senior living and care operators have plans to continue offering virtual marketing events and tours, remote visits and other meetings and programs via technology even as in-person events continue...
Despite early concerns about the effects of the coronavirus, investors in the seniors housing and care industry already are seeing signs of rejuvenation, according to a report released Thursday.
Welltower sees long-term viability in senior living despite near-term challenges
By
Kimberly Bonvissuto
May 08, 2020
COVID-19 affected Welltower’s business overnight, but the real estate investment trust remains committed to senior housing in its portfolio, executives said on a first-quarter earnings call.
Assisted living well positioned to fill healthcare delivery gaps: report
By
Kimberly Bonvissuto
Dec 16, 2020
The COVID-19 pandemic highlighted the vulnerable health status of older adults, but it also revealed the “vital role” that senior living communities play in the larger care continuum, according to...
‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.
CCRC residents ‘significantly safer’ from COVID deaths than older adults not living in congregate...
By
Lois A. Bowers
Mar 02, 2023
SAN DIEGO—Residents of continuing care retirement communities were “significantly safer” from dying from COVID-19 than were older adults living in noncongregate residential settings in the greater...