50 percent of skilled nursing facilities report occupancy increases: NIC
By
Kathleen Steele Gaivin
May 14, 2021
An average of 50% organizations with nursing care beds reported occupancy increases for the period Feb. 8 to May 2, according to the National Investment Center for Seniors Housing and Care’s Executive...
Lawmakers lobby feds to release remaining Provider Relief Funds, give providers flexibility
By
Kimberly Bonvissuto
May 13, 2021
A bipartisan group of House legislators is asking the federal government to immediately distribute the remaining Provider Relief Funds, as well as give providers more time and flexibility in using those...
2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: NHI
By
Kimberly Bonvissuto
May 12, 2021
The rollout of the COVID-19 vaccine has helped communities reopen and begin occupancy gains, but the road to recovery is likely to be uneven, according to National Health Investors President and CEO Eric...
Lifesprk, Tealwood Senior Living team up to offer innovative solutions to seniors
By
Diane Eastabrook
May 12, 2021
Lifesprk, an innovator in whole-person senior services, is jumping into the senior living sector through a partnership with Tealwood Senior Living.
Senior living making case for piece of latest $350B federal pandemic relief pie
By
Kimberly Bonvissuto
May 11, 2021
Senior living is looking for a piece of the latest $350 billion pandemic relief pie that was announced Monday for state and local governments. The U.S. Department of the Treasury announced the launch of...
COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
Bad news: Pandemic’s effects ‘far from over’; Good news: $126.1M CCRC deal is ‘some of best real...
By
Lois A. Bowers
May 10, 2021
The bad news is that pandemic’s effects on senior living “are far from over,” CareTrust REIT Chairman and CEO Greg Stapley said Friday. The good news, however, is that the $126.1 million portfolio...
Ventas plans to ‘win the recovery’ in senior housing through strategic moves
By
Kimberly Bonvissuto
May 10, 2021
Saying that the worst of the pandemic is over, Ventas Chairman and CEO Debra Cafaro said the real estate investment trust’s portfolio delivered “better than expected financial results” in the first...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Gross move-ins at Enlivant senior living communities in Sabra Health Care REIT’s portfolio hit their highest levels in 18 months in March, according to the Irvine, CA-based real estate investment trust....