Atrium Health and Wake Forest Baptist Health combine to become region’s largest Medicaid provider
By
Kimberly Marselas
Oct 13, 2020
Atrium Health and Wake Forest Baptist Health have merged.
‘Ugly period’ of pandemic is over, but ‘COVID hangovers’ will persist: panelists
By
Kimberly Bonvissuto
Oct 05, 2020
The “ugly period” of the COVID-19 pandemic is behind the senior living industry, but a couple of “COVID hangovers” will persist moving forward, according to industry experts participating in a...
Seniors housing likely to see several design changes post-pandemic: experts
By
Amy Novotney
Oct 05, 2020
In the age of COVID-19, senior living designers have been hard at work to figure out what a “new normal” might look like within the industry. Although an array of ideas have been proposed, speakers...
HCR ManorCare made up over half of ProMedica’s revenue in first half of 2020
By
Amy Novotney
Sep 28, 2020
It’s been a little more than two years since nonprofit health system ProMedica’s $1.4 million acquisition of Quality Care Properties tenant HCR ManorCare and Arden Courts, through a joint venture with...
Business briefs for Monday, Sept. 29
Sep 28, 2020
Pandemic hurting retirement security: GAO … Two former SNF leaders to face criminal charges after nearly 80 residents died of COVID-19 … Ziegler closes $47.8M in Series 2020A and 2020B bond financing...
‘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...
CMS has yet to ask for Medicare coronavirus loan payments
By
Danielle Brown
Sep 23, 2020
The Centers for Medicare & Medicaid Services has not yet recouped its loan repayments from providers that participated in its advanced Medicare payment program.
The work-from-home surge may lead workers buy retirement homes even before they retire
By
Amy Novotney
Sep 22, 2020
COVID-19 has forced many Americans to work remotely — and some companies even have added an option for employees to work from home for the rest of their careers. For the senior housing industry, this...
More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
COVID-19 ushers in new construction realities
By
Amy Novotney
Sep 11, 2020
More than six months into the COVID-19 pandemic, flexibility and planning for the unexpected top the list of necessities when it comes to undergoing construction projects within seniors housing. That’s...