Independent living model means lower occupancy losses, better financial performance during pandemic,...
By
Kimberly Bonvissuto
Aug 10, 2020
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses,...
Long-term care groups, 490 others, call for enactment of COVID-related legal protections ‘as soon as...
By
Lois A. Bowers
Aug 10, 2020
Proposed legislation that would protect healthcare providers from COVID-19-related lawsuits “is critically needed and should be enacted as soon as possible,” 495 organizations, including several associations...
Many Atlanta assisted living facilities face a financial crisis: paper
By
Amy Novotney
Aug 10, 2020
Although the impact of the pandemic on nursing homes has been widely publicized, many of Georgia’s assisted living communities — which often are private-pay — also have been experiencing significant...
Pandemic effects ‘pronounced,’ but business drivers ‘firmly intact,’ Welltower says
By
Lois A. Bowers
Aug 07, 2020
The pandemic, as expected, had a “pronounced” effect on Welltower’s financial results in the second quarter, especially those results related to senior living and skilled nursing, Chairman and CEO...
Diversified, Five Star: COVID-19 creating ‘extremely challenging operating environment’ for senior...
By
Kimberly Bonvissuto
Aug 07, 2020
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely...
‘Tough operating environment’ means Healthpeak’s future growth is outside of senior housing, executives...
By
Kimberly Bonvissuto
Aug 06, 2020
The majority of Healthpeak Properties’ future growth will be in the life sciences and medical office buildings, and a potential exists that the real estate investment trust will reduce its investment...
SNF occupancy rates dropped to nearly 75% in May: NIC
By
Amy Novotney
Aug 03, 2020
Skilled care occupancy rates continued to fall in May, thanks largely to the COVID-19 pandemic. That’s according to monthly data released Thursday from the National Investment Center for Seniors Housing...
Approximately 95% of Green House homes have reported zero cases COVID-19 among residents or staff: study
By
Amy Novotney
Aug 03, 2020
Much attention has been given of late to the properties or characteristics that have helped long-term care facilities stave off outbreaks of COVID-19. A new study led by University of North Carolina researcher...
Data collection effort paves way for potential federal COVID-19 aid for assisted living providers
By
Kimberly Bonvissuto
Jul 31, 2020
Several associations representing assisted living providers hope a new data collection portal will bring members and nonmembers one step closer to receiving federal relief for their COVID-19-related costs....
$1 trillion coronavirus relief package includes 5-year lawsuit protections for healthcare providers
By
Lois A. Bowers
Jul 28, 2020
Healthcare providers — including entities and individuals who work for them — would be protected for almost five years from lawsuits related to the provision of COVID-19-related care and services,...