Pandemic has distinct effects for independent living and middle-market senior living operators, REITs...
By
Kimberly Bonvissuto
Lois A. Bowers
May 11, 2020
Operators of independent living communities and operators of senior living communities targeting middle-income individuals have experienced the COVID-19 pandemic in ways that differ from other senior living...
Senior living must be prioritized in COVID-19 response, association says in plea to Biden administration
By
Kimberly Bonvissuto
Jan 11, 2022
Calling it “unacceptable” that older adults “continue to be left behind for critically needed” COVID-19 support, Argentum on Monday called on the Biden administration to prioritize senior living...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
‘Tripledemic’ is hurting census growth: NIC
By
Kimberly Bonvissuto
Dec 19, 2022
The pace of move-ins in senior housing and care organizations continued to hold steady, but a “triplememic” of viral respiratory infections is creating a disconnect between move-in rates and higher...
Georgia Legislature blocks ‘granny cam’ legislation; industry reps raised concerns
By
Kimberly Bonvissuto
Sep 15, 2020
A bill that would allow residents of assisted living communities and personal care homes to install electronic monitoring equipment in their rooms has been blocked by the Georgia General Assembly, according...
‘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...
Governor signs, vetoes pandemic-related legislation affecting senior living
By
Kimberly Bonvissuto
Oct 04, 2022
Several pieces of legislation affecting senior living operators recently were signed into law in California, whereas other bills tied to the industry were vetoed by Gov. Gavin Newsom (D).
Long-term care ‘still standing’ but in need of ‘reinforcements,’ LeadingAge chair says
By
Kimberly Bonvissuto
Oct 18, 2022
DENVER — Despite challenges from the COVID-19 pandemic, extreme weather and “cheap shots,” the long-term care sector is “still standing,” LeadingAge Board Chairman Mike King said during Monday’s...
Unique operating model produces continued profitability, Pennant Group execs say
By
Kimberly Bonvissuto
Nov 12, 2020
Occupancy declines in the early months of the COVID-19 pandemic were replaced by slight occupancy increases as the Pennant Group’s Pinnacle senior living business produced strong results into the third...