‘Challenging public policy environment’ awaits senior living in 2021
By
Lois A. Bowers
Jan 07, 2021
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according...
Recovering from emotional, economic effects of pandemic will dominate senior living in 2021
By
Lois A. Bowers
Jan 04, 2021
Virus-related matters will dominate the actions of senior living owners and operators for the time being, industry leaders told McKnight’s Senior Living.
Big senior living stories of 2020
By
Lois A. Bowers
Dec 22, 2020
A year ago, nobody in the U.S. senior living industry would have predicted that a pandemic would upend everyone’s personal and professional lives in 2020. But COVID-19 undoubtedly was the story of the...
Financial effects of pandemic hitting senior living hardest now, members of Congress tell HHS
By
Lois A. Bowers
Nov 16, 2020
Senior living operators need “urgent financial resources” to fight the coronavirus pandemic, a bipartisan group of members of the House of Representatives told Health and Human Services Secretary Alex...
Occupancy numbers hit historic lows: NIC
By
John O'Connor
Jul 10, 2020
As the COVID-19 pandemic took hold in the second quarter, units in the senior living sector emptied out as never before. Occupancy levels declined by 2.8% to 84.9%, according to the National Investment...
Senior living outlook remains positive as industry adapts to challenges from COVID-19: report
By
Kimberly Bonvissuto
Jun 03, 2020
The long-term outlook remains positive for the senior living industry, which is adapting to change brought on by the COVID-19 pandemic, according to a new report.
Assisted living ‘ignored’ in COVID-19 discussions, expert tells Senate Aging Committee
By
Lois A. Bowers
May 22, 2020
Although assisted living communities are home to residents who “are completely just as vulnerable” as nursing home residents to COVID-19, “we sort of tend to ignore them in these situations” because...
Senior living communities see 41% decrease in inquiries due to pandemic
By
Lois A. Bowers
May 07, 2020
Senior living communities saw a 41% decrease in inquiries, a 27% decrease in initial tours and a 22% decrease in move-ins in April based on year-over-year averages, according to a new report.
COVID-19 leads NIC founder Bob Kramer to start new company to ‘rethink aging’
By
Lois A. Bowers
Apr 22, 2020
Bob Kramer transitioned from CEO of the National Investment Center for Seniors Housing & Care in mid-2017, becoming senior adviser to the organization he had co-founded in 1991. At the time, starting a...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.