Assisted living to receive 15 million more COVID tests, but more support needed, provider groups say
By
Kimberly Bonvissuto
Sep 30, 2020
Assisted living communities will receive 15 million additional COVID-19 rapid, point-of-care antigen tests in the coming weeks, President Donald Trump announced Monday in providing an update on the nation’s...
$100 billion should be added to Provider Relief Fund for coronavirus-related needs, industry groups say
By
Lois A. Bowers
Sep 29, 2020
Congress should pass another COVID-19 funding package, adding $100 billion to the U.S. Department of Health and Human Services’ Provider Relief Fund, maintain the American Health Care Association / National...
Future looks bright for nonprofit senior living: Ziegler
By
Amy Novotney
Sep 28, 2020
Thanks to the nation’s shifting demographics and the ability of many nonprofit senior living operators to offer services across the continuum, the future of the sector looks bright, according to speakers...
‘Out of control’: Panelists share frustrations, solutions to managing cash flow during pandemic
By
Kimberly Bonvissuto
Sep 24, 2020
The global coronavirus pandemic has created a “tsunami” of decreasing occupancy, coupled with increasing costs related to personal protective equipment and labor, to create an operating environment...
More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
‘Beginning to crumble’: Providers face operational crisis in battling COVID-19
By
Kimberly Bonvissuto
Sep 17, 2020
A survey of long-term care providers in Pennsylvania provides a “sobering” look at how the pandemic is affecting operations and should be cause for “immediate alarm,” according to an association...
ASHA 50: Brookdale remains largest senior living operator, but downsizing efforts apparent
By
Lois A. Bowers
Sep 17, 2020
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest...
Seniors housing investment returns drop for first time since 2012: NIC
By
Amy Novotney
Sep 17, 2020
Seniors housing investment returns fell in the second quarter as the economic effects of the COVID-19 global pandemic continued to take a toll on the industry. That’s according to the National Council...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
Almost 40% of residential care aides live in low-income households: report
By
Kimberly Bonvissuto
Sep 09, 2020
Direct care workers, including residential care aides who work in assisted living communities, have been elevated to “hero” status during the COVID-19 public health crisis. New research, however, indicates...