LTC Properties reduces 2021 rent escalations, says acquisitions will make up difference
By
Amy Novotney
Dec 18, 2020
Real estate investment trust LTC Properties announced Thursday that the firm is reducing its 2021 rent escalations by 50% in the form of a rent credit to provide financial support to the majority of its...
Transparency and patience key during pandemic: NIC panelists
By
Amy Novotney
Mar 26, 2020
Patience and information sharing will be essential for senior living organizations hoping to survive this ongoing pandemic, so claimed panelists during a webinar Thursday focused on COVID-19 and financial...
States don’t wait as fate of federal COVID vaccine mandates remains uncertain
By
Lois A. Bowers
Kimberly Bonvissuto
Jan 10, 2022
As employers wait to see whether the Supreme Court will issue stays against federal COVID-19 vaccine mandates from the Occupational Safety and Health Administration and Centers for Medicare & Medicaid...
Chicago-based Ventas slashed its quarterly dividend by 43% Friday, declaring a 45 cents per share second quarter dividend payable July 14. That’s down from the 79 cents per share payout a quarter earlier....
SBA issues new guidance on PPP loan forgiveness
By
Amy Novotney
Jun 28, 2020
The Small Business Administration has issued new interim final rules for the Paycheck Protection Program Flexibility Act in an attempt to make complete loan forgiveness attainable for most borrowers.
DOL addresses effectiveness of N95 respirators in new FAQs
By
Amy Novotney
Oct 21, 2020
The Department of Labor’s Occupational Safety and Health Administration released a series of Frequently Asked Questions stating that N95 respirators effectively protect wearers from coronavirus exposure....
Court says OSHA can enforce vaccinate-or-test mandate for large companies; opponents appeal to Supreme...
By
Lois A. Bowers
Dec 20, 2021
The Department of Labor’s Occupational Safety and Health Administration can enforce its COVID-19 vaccinate-or-test mandate for employers with 100 or more workers, at least for now, after a three-judge...
Pandemic forces mindset shift in senior living, speakers say
By
Kimberly Bonvissuto
Aug 14, 2020
As the nature and duration of the COVID-19 pandemic remains unclear, the senior living industry finds itself shifting from a sprint to a marathon without a known finish line. Lynne Katzmann of Juniper...
Omega portfolio occupancy growth thwarted by omicron in fourth quarter
By
Kathleen Steele Gaivin
Feb 04, 2022
The omicron variant of COVID-19 has dramatically slowed skilled nursing facility occupancy recovery and created additional labor challenges, Omega Healthcare Investors CEO Taylor Pickett said Thursday...
Sonida Senior Living marks 5 quarters of occupancy, revenue growth
By
Lois A. Bowers
Aug 15, 2022
The second quarter marked five consecutive quarters of occupancy and revenue growth for Dallas-based Sonida Senior Living, departing President and CEO Kimberly Lody reported Friday during the company’s...