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...
Aging groups see ‘skinny’ bill as a lightweight proposal
By
Amy Novotney
Aug 20, 2020
Aging services providers criticized a new version of the Senate Republican leadership’s Health, Economic Assistance, Liability Protection and Schools Act proposal released Wednesday, saying it does little...
Disinfecting senior living communities during the COVID-19 pandemic
By
Noel McCarthy
Aug 20, 2020
There are things we can do to mitigate the effects of this pandemic. Case in point: Disinfecting our facilities as often as we (practically) can.
Task force delivers final report for senior living’s transformation post-COVID-19; 6 strategies identified
By
Kimberly Bonvissuto
Aug 13, 2020
As the senior living industry looks for ways to safely emerge from COVID-19, the International Council on Active Aging brought together 154 thought leaders to create strategies for all segments of the...
As COVID-19 continues, the ‘connected community’ is essential to success
By
F. Scott Moody
Aug 13, 2020
The connected community entails much, much more, but digital communication channels and connectivity between all community members is a critical and essential starting point.
Senior living operators should get familiar with these two words
By
John O'Connor
Aug 13, 2020
This is probably a good time to get comfortable with a term economists like to throw around: creative destruction.
Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Diversified, Five Star: COVID-19 creating ‘extremely challenging operating environment’ for senior...
By
Kimberly Bonvissuto
Aug 07, 2020
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely...
‘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...