COVID-19 roundup: Stocks up after emergency efforts to buffer pandemic fallout; NIC economist declares...
By
Amy Novotney
Mar 20, 2020
U.S. stocks closed higher Thursday after central banks around the world rolled out several emergency measures designed to lessen the economic fallout stemming from the coronavirus pandemic. Between Wednesday...
Ohio nursing homes get $300M for nursing home workforce
By
Kathleen Steele Gaivin
Dec 13, 2021
The Ohio Legislature sent Gov. Mike DeWine (R) a bill Thursday afternoon that sets aside $300 million of more than $4 billion in federal coronavirus relief funding toward the state’s nursing homes.
Moody’s: Coronavirus stimulus will lessen economic pain, but won’t fully compensate healthcare...
By
Amy Novotney
Apr 14, 2020
The $2.3 trillion CARES Act will certainly provide some relief to hospitals and other healthcare systems, but the funding is unlikely to fully compensate for increased labor and personal protective equipment...
Operators have ‘heavy lifting’ to do to regain consumer confidence in wake of pandemic, experts say
By
Kimberly Bonvissuto
Apr 24, 2020
The COVID-19 pandemic has created challenges and shaken consumer confidence in the senior living industry. Operators will need to do some “heavy lifting” in its wake, according to one senior living...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
Handwritten notes and ‘peek-a-boo’ tours top senior living marketing strategies during pandemic
By
Amy Novotney
Dec 21, 2020
As senior living operators consider strategies for 2021 amid the ongoing pandemic, several marketing executives say their firms are focused mainly on the soft skills of problem-solving and serving as support...
Report: Public health emergency will be extended again
By
Kathleen Steele Gaivin
May 18, 2022
The Department of Health and Human Services is expected to extend the public health emergency before it expires in mid-July, Bloomberg reported Tuesday.
Healthcare workers appeal dismissal of suit challenging Maine vax mandate
By
Kathleen Steele Gaivin
Sep 20, 2022
Seven healthcare workers are appealing a federal judge’s dismissal of a claim against several companies, the governor and other officials regarding Maine’s healthcare COVID-19 vaccine mandate. The...
Welltower, Diversified Healthcare Trust takes steps to address financial impact of COVID-19 pandemic
By
Amy Novotney
Apr 04, 2020
Toledo, OH-based real estate investment trust Welltower announced several steps late Wednesday that the firm has taken in recent weeks to strengthen its balance sheet and enhance its liquidity profile.
Move-ins slow with omicron surge; move-outs hold constant: NIC
By
Kathleen Steele Gaivin
Feb 11, 2022
Move-ins slowed last month in long-term care facilities offering higher levels of care, according to the National Investment Center for Seniors Housing & Care.