Capital Senior Living reiterates uncertainty about future to SEC
By
Lois A. Bowers
Aug 11, 2020
Capital Senior Living reiterated its belief that conditions related to COVID-19 “raise substantial doubt about the company’s ability to continue as a going concern” in a document filed Monday with...
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...
Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
Arbitration clause does not apply in lawsuit over resident’s alligator-related death, panel rules
By
Kimberly Bonvissuto
Jul 31, 2020
A negligence lawsuit against Brookdale Senior Living will proceed after an appellate panel ruled that claims regarding the alligator-related death of a 90-year-old resident at a Charleston, SC, community...
People in the news, July 28
By
Kimberly Bonvissuto
Jul 28, 2020
Appointments and promotions at Anthem Memory Care, Bank Leumi USA, Cadence Living, Erdman, FaverGray, Heartis Yardley Senior Living, Inspir Carnegie Hill, Ryan Companies, Stonebridge at Montgomery, United...
Operators need $100 billion to cover COVID costs, industry group says
By
Lois A. Bowers
Jul 22, 2020
Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting...
Senior living needs ‘substantial and immediate financial relief’ from COVID-19, leaders tell federal...
By
Lois A. Bowers
Jul 21, 2020
Senior living operators require “substantial and immediate financial relief” from expenses related to the COVID-19 pandemic, the leaders of four major associations representing operators of independent...
People in the news, July 21
By
Kimberly Bonvissuto
Jul 21, 2020
Appointments and promotions at Atlas Senior Living, the Capstone at Station Camp, Health Dimensions Group, Legacy Ridge at Neese Road, Palm Cove Living, Retirement Unlimited, Silvercreek Senior Assisted...
Short-staffed on a holiday weekend, senior living community successfully weathers COVID-19 storm
By
Kimberly Bonvissuto
Jul 13, 2020
A perfect storm of a holiday weekend and nine employees testing positive for COVID-19 left a Reno, NV, assisted living and memory care community in a staffing emergency, testing its policies, its supply...
Occupancy numbers hit historic lows: NIC
By
John O'Connor
Jul 10, 2020
As the COVID-19 pandemic took hold in the second quarter, units in the senior living sector emptied out as never before. Occupancy levels declined by 2.8% to 84.9%, according to the National Investment...