Vitas revenues slip in 2021 1Q following pandemic hit to senior living referrals: execs
By
Liza Berger
Apr 29, 2021
COVID-19’s impact on the hospice business played a role in lower 2021 first quarter revenues for Vitas Healthcare Corp., the hospice division of Chemed, which also owns Roto-Rooter, a plumbing and drain...
Senior living’s pandemic losses projected to grow to $30 billion through June
By
Kimberly Bonvissuto
May 24, 2021
Senior living providers have incurred $22.5 billion in pandemic-related costs to date, with uncompensated financial losses expected to grow to $29.8 billion through the first half of this year, according...
Mayo, Kaiser to invest $100M in hospital-at-home company Medically Home
By
Diane Eastabrook
May 13, 2021
The Mayo Clinic and Kaiser Permanente gave the hospital-at-home model a shot in the arm Wednesday.
Capital Senior Living makes moves to improve financial position
By
Lois A. Bowers
Aug 07, 2020
Capital Senior Living plans to transfer operations and ownership of 18 senior living communities to Fannie Mae, the company announced Thursday. The move follows several steps Capital announced in May “to...
Workers at home health agencies receiving Medicare, Medicaid must get vaccinated: CMS
By
Diane Eastabrook
Sep 09, 2021
President Biden on Thursday applied excessively more pressure on employees at home health agencies to receive COVID-19 vaccinations. Home health workers at agencies receiving Medicaid and Medicare funding...
Providers seek $450 million from PA stimulus funds to cover pandemic costs
By
Kimberly Bonvissuto
May 26, 2021
Senior living associations in Pennsylvania are lobbying legislators for $54 million for assisted living and personal care providers from the American Rescue Plan stimulus funding to the state. The ask...
Sabra ‘completely committed’ to senior living, ‘actively reviewing’ $2 billion in deals
By
Lois A. Bowers
Aug 06, 2021
Sabra Health Care REIT President and CEO Rick Matros said Thursday that the real estate investment trust remains “completely committed to continuing to grow in senior housing,” despite its decision,...
CareTrust says ‘operator first’ philosophy helped it grow during ‘unprecedented headwinds’ of...
By
Kimberly Bonvissuto
Feb 12, 2021
CareTrust REIT’s “operator first” investment philosophy proved valuable in guiding the San Clemente, CA-based healthcare real estate investment trust successfully through the COVID-19 pandemic, executives...
PwC CFO survey: Global downturn is top COVID-19 concern
By
Amy Novotney
Mar 25, 2020
More than three-quarters of chief financial officers in the United States and Mexico are worried that the coronavirus pandemic will lead to a global recession, finds a pulse survey released this week by...
Assisted living providers balance care and service delivery, compliance with complex policies: speaker
By
Kimberly Bonvissuto
Oct 27, 2021
ATLANTA — Assisted living and life plan communities have had much to deal with in the past 18 months, including fair housing challenges, vaccine mandates and exemptions, COVID-19 liability lawsuits,...