Post-COVID changes in design and operations likely to affect profitability and returns for some time:...
By
Amy Novotney
Mar 23, 2021
Even as census rate declines within senior living communities begin to slow as a result of vaccine rollouts and COVID-19 case declines within the sector, some experts say headwinds are expected to continue...
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
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...
HHS announces distribution of $1.75 billion in Provider Relief Fund payments
By
Kimberly Bonvissuto
Apr 14, 2022
More than $1.75 billion in Phase 4 Provider Relief Fund payments are going out to more than 3,600 providers, the Department of Health and Human Service’s Health Resources and Services Administration...
CMS issues reg requiring COVID-19 vaccination for long-term care workers
By
Lois A. Bowers
Nov 04, 2021
Long-term care and other healthcare facilities that participate in the Medicare and Medicaid programs must develop COVID-19 vaccination policies for their workers by Dec. 5, and all eligible workers must...
GAO to CMS: Keep a closer eye on HCBS programs during pandemic
By
Diane Eastabrook
Sep 14, 2021
The General Accounting Office is recommending the Centers for Medicare and Medicaid Services pay closer scrutiny to temporary changes to home-and-community-based services during public health emergencies...
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,...
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...
CMS to fine SNF operators up to $8,000 if they don’t test all staff for COVID-19
By
James M. Berklan
Aug 27, 2020
Nursing home operators could face fines of up to $8,000 if they don’t comply with new federal regulations that mandate they test all staff members for COVID-19.
LeadingAge urges Treasury to consider older adults in new $25B rent relief program
By
Kimberly Bonvissuto
Feb 02, 2021
Although the federal government rolled out a new $25 billion rent relief program in December for households struggling under COVID-19, LeadingAge is urging the new administration to include older adults.