Riverside, CA, first primary market to reach pre-pandemic stabilized occupancy level
By
Kathleen Steele Gaivin
Jun 21, 2022
Riverside, CA, is the first of the 31 primary markets that NIC MAP follows to reach its pre-pandemic stabilized occupancy level, according to the intra-quarterly snapshot released Thursday by the National...
FDA authorizes Pfizer, Moderna COVID-19 vaccine boosters for all adults
By
Lois A. Bowers
Nov 19, 2021
The U.S. Food and Drug Administration on Friday amended the emergency use authorizations for both the Pfizer-BioNTech and Moderna COVID-19 vaccines, authorizing use of a single booster dose for everyone...
Is the marriage of senior living and capital about to be tested?
By
John O'Connor
Feb 14, 2019
The NIC Spring Conference next week will bring together capital providers and seekers at a time when money issues are coming to the fore.
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Parkinson: Skilled nursing still amid business nightmare
By
Amy Novotney
Feb 03, 2021
As COVID-19 vaccines continue to be rolled out at skilled nursing facilities and assisted living communities nationwide, the “clinical nightmare” soon will be in the long-term care industry’s rearview...
Up to 70% of SNFs may be in a negative cash position by mid-May
By
Amy Novotney
Apr 13, 2020
COVID‐19 is disrupting referral patterns to skilled nursing facilities, resulting in a significant revenue shortfall and cash burn that the fragile skilled nursing ecosystem may not be able to endure,...
Elopement in assisted living: Not common, but costly
By
Lois A. Bowers
Nov 03, 2016
Resident elopement may not happen often, but when it does, it may cost assisted living communities a lot of money, according to a newly released analysis of claims data.
Concerns grow that pandemic relief bill will accelerate ongoing shift to HCBS
By
Amy Novotney
Mar 01, 2021
The $1.9 trillion coronavirus relief package passed by the U.S. House of Representatives on Saturday includes billions of dollars in new funding for government long-term services and supports for frail...
Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...
Flu cases already up 23 percent this season: Walgreens
Oct 20, 2021
The significant increase shown by the company’s analysis of its own data reflects the historically low levels of flu last year as people stayed home, wore masks and got a record number of flu shots...