41% don’t trust assisted living, nursing homes to keep residents safe during pandemic: survey
By
Kimberly Bonvissuto
Sep 11, 2020
Forty-one percent of participants in a new survey said they don’t trust assisted living communities and nursing homes to keep older adults safe amid the coronavirus pandemic.
Beware of compliance obligations when accepting provider relief funds, attorney says
By
Kimberly Bonvissuto
Sep 10, 2020
The federal government answered the call for relief earlier this month when it deemed that assisted living providers now are eligible for provider relief funds. But that relief comes with some pretty significant...
Nebraska senior living communities developing dining room innovations to serve residents amid pandemic
By
Amy Novotney
Sep 10, 2020
Like nearly every senior living community, as the COVID-19 pandemic began in March, Nebraska-based Legacy Retirement Communities quickly went from offering its 680 senior living residents a restaurant...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
Paying direct care workers a living wage would reduce turnover, increase productivity by at least $5.5B:...
By
Amy Novotney
Sep 09, 2020
Raising the pay of workers in residential care settings to the living wage in their respective states would lead to several economic benefits for workers, employers and the economy overall, according to...
Senior living’s slide into the welfare class
By
John O'Connor
Sep 03, 2020
The push for support for assisted living from Uncle Sam is intensifying. But as any skilled care operator will remind you, Uncle Sam tends to be a very demanding business partner.
Pandemic-related fiscal woes to continue: report
By
Amy Novotney
Aug 27, 2020
The healthcare industry — and senior housing in particular — will see continued distress as a result of the COVID-19 pandemic, according to a report released Wednesday by Polsinelli, a law firm.
CMS to fine SNF operators up to $8,000 if they don’t test all staff for COVID-19
By
James M. Berklan
Aug 27, 2020
Nursing home operators could face fines of up to $8,000 if they don’t comply with new federal regulations that mandate they test all staff members for COVID-19.
Many operators have not sought PPP loan forgiveness: Ziegler
By
Amy Novotney
Aug 26, 2020
Many senior living recipients of Paycheck Protection Program loans have not filed applications for loan forgiveness, according to data compiled by specialty investment bank Ziegler.
Personal robots used in senior living are vulnerable to cyberattacks, McAfee finds
By
Kimberly Bonvissuto
Aug 13, 2020
The discovery that some robot “friends” increasingly used in senior living communities can be vulnerable to cyberattacks is “a reminder of how important vulnerability assessment programs are for...