COVID-19 reduces occupancy, elevates costs in Omega’s senior living portfolio
By
Kimberly Bonvissuto
May 06, 2020
Senior living and skilled nursing communities in Omega Healthcare Investors’ portfolio are weathering the effects of COVID-19 through declining occupancy and significantly elevated costs, according...
The effects of COVID-19 have not escaped the senior living and skilled nursing operators in LTC Properties’ portfolio, executives shared Monday on the real estate investment trust’s first-quarter 2020...
Industry repeats call for resources as Congress members ask for assisted living COVID-19 case details
By
Lois A. Bowers
May 05, 2020
Industry associations are supporting the transparency requested by three members of Congress who have asked 11 assisted living companies to detail their case counts and strategies related to COVID-19 —...
3 members of Congress give 11 assisted living CEOs until Friday to detail their COVID-19 strategies
By
Lois A. Bowers
May 04, 2020
Senior living operators may not be receiving the personal protective equipment that nursing homes have been promised by the federal government to fight COVID-19, but now they may be receiving a level of...
More than 80% of assisted living facilities report occupancy declines: NIC
By
Amy Novotney
May 01, 2020
Roughly four-in-five assisted living communities and nursing facilities are reporting occupancy rate declines compared with a month ago, according to data collected last week from owners and executives...
Green Street: Seniors housing may be hardest hit, but rebound looks promising by 2023
By
Amy Novotney
May 01, 2020
Investors taking a long-term view of the senior housing sector should see their investments pay off in the years ahead, despite indications that the industry will be among those hardest hit by the ongoing...
Long-term care industry calls — again — for priority testing, staffing, funding for ‘epic battle’...
By
Kimberly Bonvissuto
Apr 30, 2020
The long-term care industry repeated a call to government officials to prioritize COVID-19 testing, staffing and emergency funding to support senior living in the COVID-19 battle. The effort comes as another...
Pandemic likely to force operators to reexamine paths toward profitability
By
Amy Novotney
Apr 29, 2020
The pandemic is upending the seniors housing industry and causing baby boomers to rethink how they want to live out their retirement years, according to a Commercial Observer article Tuesday.
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...
More than 8 in 10 SNFs have seen occupancy decline in the past month; senior living also report reductions:...
By
Amy Novotney
Apr 24, 2020
Eighty-four percent of skilled nursing facility operators saw declines in their occupancy rates compared with one month ago, according to data collected from owners and executives at 105 long-term care...