Assisted living faces ‘looming danger’ without Provider Relief funding, CareTrust CEO says
By
Lois A. Bowers
Aug 09, 2021
“We join with many voices who are calling on the government to acknowledge the critical role that assisted living providers play in the healthcare continuum with direct relief funding,” CareTrust REIT...
Pandemic highlights value of senior living for adult children, leaders say
By
Lois A. Bowers
May 11, 2020
One of the positive effects arising from this pandemic, some industry leaders say, is a growing appreciation of senior living among people whose parents are the age of prospective residents.
New Senior portfolio sees low COVID case count, positive trends for occupancy, move-ins
By
Lois A. Bowers
Aug 02, 2021
As its acquisition by Ventas looms, expected to close before the end of the year, New Senior Investment Group’s portfolio is experiencing low COVID-19 case counts and upward-trending occupancy.
Capital Senior Living incurs $1.4 million in COVID costs in third quarter
By
Lois A. Bowers
Nov 06, 2020
Capital Senior Living said it incurred approximately $1.4 million in COVID-related costs in the third quarter, making its 2020 COVID-related cost total to date $4.6 million. Total operating expenses for...
A new day in the battle against COVID
By
Lois A. Bowers
Jan 20, 2021
We all can agree that we’d like to see an end to the illness and death caused by the coronavirus. We’d like families and residents to be able to hug one another again. We’d like to stop having to...
White House announcements do nothing to help non-nursing home settings, LeadingAge says; AARP opposes...
By
Lois A. Bowers
May 12, 2020
The White House’s recommendation that all states test nursing home residents and staff members for the novel coronavirus over the next two weeks, and President Trump’s comment that “we have prevailed”...
LTC Properties defers or abates $2 million in rent as operators feel ‘some stress’
By
Lois A. Bowers
May 02, 2022
Long-term care operators felt “some stress” in the first quarter as they continued to confront labor pressures and inflation, LTC Properties Chairman and CEO Wendy Simpson said Friday during the Westlake...
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....
Vaccine authorization is ‘ray of hope’ but only first step in beating COVID-19, long-term care provider...
By
Lois A. Bowers
Dec 14, 2020
The first vaccinations against COVID-19 in the United States could begin today, but it might be a week or more until many assisted living community and nursing home residents and staff members have the...