Pandemic a good opportunity for SNFs to prove their importance: Matros
By
James M. Berklan
Sep 30, 2020
Census pressure and uncertainties caused by COVID-19 continue to threaten the nursing home industry. But at least one major real estate investment trust CEO sees this period as a time of good opportunity...
More COVID-19 criminal charges against SNF leaders likely, legal experts say
By
Danielle Brown
Sep 29, 2020
Coronavirus-based criminal charges against two leaders of a Massachusetts veterans nursing home where 76 patients died will likely be the first of many cases across the country regarding nursing home care...
HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
‘Pocket neighborhood’ seeks to address region’s lack of affordable housing for seniors
By
Amy Novotney
Sep 25, 2020
Older adult residents of North Texas soon will have a novel new housing option in a “pocket neighborhood” being developed near Fort Worth.
Sept. 13 is new deadline for eligible assisted living operators to apply for Provider Relief Fund
By
Lois A. Bowers
Sep 01, 2020
Eligible assisted living operators and other eligible providers now have until Sept. 13 to apply for the phase 2 general distribution of the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider...
Communities face potential investigation, legal action over $900 COVID-19 fee allegedly charged to residents
By
Kimberly Bonvissuto
Aug 28, 2020
The Michigan Attorney General’s office on Thursday issued a cease and desist letter to 11 senior living communities throughout the state’s Lower Peninsula, along with their parent and management companies,...
Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
Assisted living could be next in line for COVID relief funds
By
Kimberly Bonvissuto
Aug 24, 2020
Senior living providers are expected to have access soon to funding from the federal government to help them with their COVID-19-related expenses, according to the American Seniors Housing Association....
Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...
U.S. Treasury task force: Federal government must educate public about LTC costs
By
Amy Novotney
Aug 17, 2020
The Treasury and other federal agencies should do a better job educating consumers about long-term care and the need to finance it. That’s according to a report released last week by the Federal Interagency...