Diversicare anticipates continued COVID-19 costs for 2021 but reports $1M in savings from Reliant deal
By
Amy Novotney
Mar 15, 2021
The COVID-19 pandemic led to an additional $32 million in healthcare-related expenses last year for Diversicare, and the Brentwood, TN-based skilled nursing operator expects 2021 will be another year of...
$25 million in COVID-19 payments will support 211 long-term care organizations
By
Lois A. Bowers
Aug 08, 2022
One-time payments totaling $25 million will be issued to 211 long-term care organizations in Maine to help them recover from the pandemic, Gov. Janet Mills (D) announced Thursday.
Court says OSHA can enforce vaccinate-or-test mandate for large companies; opponents appeal to Supreme...
By
Lois A. Bowers
Dec 20, 2021
The Department of Labor’s Occupational Safety and Health Administration can enforce its COVID-19 vaccinate-or-test mandate for employers with 100 or more workers, at least for now, after a three-judge...
Capital Senior Living looks to turnaround strategy to survive ‘challenging’ environment
By
Kimberly Bonvissuto
May 22, 2020
Although COVID-19’s negative effects present “substantial” concerns about the company’s future, Capital Senior Living executives said Thursday that the company’s turnaround strategy creates “a...
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...
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...
Senior housing operators showing improved performance during COVID-19 pandemic: NHI
By
Kimberly Bonvissuto
Aug 12, 2020
COVID-19 has had a negative effect on the senior living industry, impacting operator revenues and building occupancy rates, but National Health Investors’ leadership said during a second-quarter earnings...
OSHA suspends implementation of COVID-19 vaccine mandate for businesses
By
Lois A. Bowers
Nov 17, 2021
The Department of Labor’s Occupational Safety and Health Administration says that it is suspending enforcement of its COVID-19 vaccination and testing emergency temporary standard after a court ordered...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
States don’t wait as fate of federal COVID vaccine mandates remains uncertain
By
Lois A. Bowers
Kimberly Bonvissuto
Jan 10, 2022
As employers wait to see whether the Supreme Court will issue stays against federal COVID-19 vaccine mandates from the Occupational Safety and Health Administration and Centers for Medicare & Medicaid...