Despite some increase in prospect interest, occupancy improvements still elusive: NIC
By
Amy Novotney
Feb 12, 2021
Although many senior living and care operators have been eagerly anticipating a boost in occupancy as a result of COVID-19 vaccine availability, the upward trend hasn’t hit just yet, according to data...
Number of operators investing in video conferencing capabilities for residents has quadrupled since 2018:...
By
Amy Novotney
Feb 10, 2021
Three-fourths of senior living and care providers invested in video conferencing capabilities for residents last year, quadrupling the number of providers who did so just two years earlier, according to...
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...
Business briefs for Tuesday, Feb. 2
Feb 02, 2021
LeadingAge urges Treasury to consider older adults in $25 billion rent relief program … Fitch revises rating outlook for Sabra to stable from negative and affirms the ratings for Sabra’s debt as ‘BBB-‘...
DHC: 65 percent of residents vaccinated; sales leads up 83 percent since start of fourth quarter
By
Amy Novotney
Feb 02, 2021
Diversified Healthcare Trust announced a series of business updates Monday regarding the ongoing effects of the COVID-19 pandemic on the real estate investment trust’s business and operating results.
Investors still buying in skilled nursing — often at rates higher than before the pandemic
By
Amy Novotney
Jan 29, 2021
Pricing for skilled nursing units has remained relatively steady despite the fact that many beds are empty as a result of the COVID-19 pandemic.
Confluent, MorningStar break ground on new community incorporating infection control design changes
By
Amy Novotney
Jan 28, 2021
Co-developers Confluent Senior Living and MorningStar Senior Living broke ground Wednesday on the development of an urban infill community in Denver’s Observatory Park neighborhood.
CVS, Walgreens complete first round of SNF immunizations, doling out more than 3 million COVID-19 vaccines
By
Amy Novotney
Jan 26, 2021
In increasingly positive news for the senior living and care industries, CVS Health and Walgreens have completed the administration of the first round of COVID-19 vaccine doses to skilled nursing facilities...
Bipartisan legislation seeks to ensure nursing homes retain adequate staffing levels
By
Amy Novotney
Jan 22, 2021
U.S. Reps. Fred Keller (R-PA) and Susan Wild (D-PA) joined together Thursday to reintroduce the Nurses CARE Act for the 117th Congress. This bipartisan bill seeks to ensure that long-term care facilities...
Documentation key in avoiding COVID-19 employment and wrongful death lawsuits
By
Amy Novotney
Jan 22, 2021
As of Wednesday, more than 8,000 COVID-19-related complaints have been filed across the United States, according to a national lawsuit tracker by international law firm Hunton Andrews Kurth. Although many...