Invesque eyes Symphony portfolio as COVID-19 creates ‘challenging operating environment’
By
Kimberly Bonvissuto
Aug 14, 2020
Invesque is in discussions with the Symphony Care Network in light of the effect of the COVID-19 pandemic on its operations. Although Invesque said it is too early to comment on the restructuring, options...
Operators have ‘heavy lifting’ to do to regain consumer confidence in wake of pandemic, experts say
By
Kimberly Bonvissuto
Apr 24, 2020
The COVID-19 pandemic has created challenges and shaken consumer confidence in the senior living industry. Operators will need to do some “heavy lifting” in its wake, according to one senior living...
Senior living takes lead in COVID-19 vaccination mandates, holds breath on workforce effects
By
Kimberly Bonvissuto
Sep 02, 2021
The senior living industry is leading corporate America in mandating COVID-19 vaccination, according to the Wall Street Journal.
Touting the industry’s success in COVID-19 vaccination of staff members, senior living leaders expressed relief Tuesday after the federal government announced its withdrawal of the COVID-19 vaccination-and-testing...
HUD guidance clarifies importance of supportive services in affordable seniors housing
By
Kimberly Bonvissuto
Feb 10, 2023
The federal government released new guidance on Thursday reinforcing the importance of supportive service programs for older adults living in subsidized affordable housing.
Bill would ban COVID-19 vaccine mandates despite older adults remaining at highest risk for serious outcomes
By
Kimberly Bonvissuto
Nov 02, 2023
A study underscoring the need to continue to protect older adults from COVID-19 comes as one state appears close to banning COVID-19 vaccine mandates by private employers, including senior living communities.
COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
‘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...
Ventas plans to ‘win the recovery’ in senior housing through strategic moves
By
Kimberly Bonvissuto
May 10, 2021
Saying that the worst of the pandemic is over, Ventas Chairman and CEO Debra Cafaro said the real estate investment trust’s portfolio delivered “better than expected financial results” in the first...
Federal COVID-19 vaccination, testing mandates have pros, cons, experts say
By
Kimberly Bonvissuto
Nov 05, 2021
Although generally supportive of federal COVID-19 vaccine mandates for members of its workforce, senior living leaders are concerned about the effects on its workforce.