Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
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...
Publicly traded nursing homes see little financial effect from pandemic: study
By
Kathleen Steele Gaivin
May 26, 2021
The COVID-19 pandemic has not resulted in the forecast financial damage for the long-term care industry, according to data reviewed in a study published in the Journal of the American Geriatrics.
Elderly homelessness will be America’s next great housing crisis: NYT analysis
By
Amy Novotney
Oct 02, 2020
Even before the pandemic hit, the number of elderly people experiencing homelessness was projected to triple within the next decade. A New York Times examination finds that swelling numbers of homeless...
CMS reevaluating outlays for the Accelerated Payment Program
By
Amy Novotney
Apr 28, 2020
The Centers for Medicare & Medicaid Services announced Sunday that it is reevaluating the amounts that will be paid under its Accelerated Payment Program and suspending its Advance Payment Program to Part...
Brookdale’s December occupancy drops to 71.5%
By
Amy Novotney
Jan 13, 2021
Brookdale Senior Living reported new occupancy lows as 2020 ended, with a December weighted average occupancy and month-end occupancy of 71.5%.
Landlord countersues ‘sinking ship’ CCRC over multiple allegations
By
Kathleen Steele Gaivin
Apr 20, 2022
Dallas continuing care retirement community Edgemere now faces a countersuit from its landlord, Intercity Investments, after having sued Intercity and its agent, Kong Capital, alleging breach of contract,...
COVID-19 bill may protect senior living community from liability in resident’s death
By
Kathleen Steele Gaivin
Jul 16, 2021
A provision included in a COVID-19 relief bill passed by the North Carolina General Assembly last year might provide a Charlotte assisted living and memory care community and its parent company immunity...
McKnight’s Women of Distinction awards recognize 52 women at various stages of careers
By
Kathleen Steele Gaivin
May 19, 2021
The first day of the McKnight’s Women of Distinction two-day festivities began yesterday with a roundtable discussion about workforce lessons from the pandemic featuring four McKnight’s Women of Distinction...
Report puts senior living on hot seat for requesting immunity from COVID-19 lawsuits
By
Kimberly Bonvissuto
Jun 12, 2020
Senior living and care providers found themselves on the hot seat with the release of a new report from a national consumer advocacy organization that has the support of a U.S. senator and takes several...