Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...
Forbes: Long-term care needs more funding and a new structure
By
Amy Novotney
Jun 11, 2020
The COVID-19 pandemic has “amplified and exposed an already deeply flawed system” for long-term care in the United States, according to an analysis Wednesday in Forbes.
AHCA warns that two-thirds of nursing homes are operating at a loss
By
Amy Novotney
Dec 17, 2020
The COVID-19 pandemic is pushing many skilled nursing operators close to bankruptcy, according to a new survey by the American Health Care Association. The organization surveyed 953 nursing home operators...
Ziegler: Check out these relief options for seniors housing operators who don’t qualify for SBA help
By
Amy Novotney
Apr 10, 2020
Since President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act on March 27, much of the focus has been on the Paycheck Protection Program and securing funds for small businesses...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...
Defaulted hotel deals show potential for CCRC conversions: senior living experts
By
Amy Novotney
Jul 24, 2020
Amid the fallout from the pandemic, the seniors housing industry may find new development opportunities in defaulted hotel deals, according to panelists Thursday during an Urban Land Institute webinar.
Healthcare quarantines spur staffing concerns
By
Amy Novotney
Mar 12, 2020
As nursing homes, assisted-living centers and other senior living communities across the country work overtime prepping to prevent the spread of the coronavirus among its residents and staff, operators...
Innovation, transparency will help operators recover from pandemic’s reputational crisis: panelists
By
Amy Novotney
Feb 05, 2021
The COVID-19 pandemic created a crisis in confidence on the part of adult children making long-term care decisions for their parents. It also demonstrated how difficult it can be to differentiate senior...
Facility expansion plans highlight industry conflicts possible around country
By
Amy Novotney
Apr 12, 2021
While one Largo, FL, assisted living community looks to expand its available bed count, nearby competitors are sharing concerns that the move will put even more strain on an industry still reeling from...
New York nursing homes must use at least 70% of revenue for direct care under new budget
By
Amy Novotney
Apr 08, 2021
For-profit New York nursing homes will have to spend more of their revenue on staffing and keep less in profits under a provision in the state budget approved Tuesday. Agreement on the $212 billion state...