Connecticut to pay research firm $450,000 to review state’s COVID-19 response in senior living
By
Kimberly Bonvissuto
Jul 09, 2020
The state of Connecticut will pay a research firm $450,000 to conduct an independent review of the state’s COVID-19 response in assisted living communities and nursing homes, Gov. Ned Lamont announced...
Business briefs for Monday, July 6
Jul 06, 2020
Diversified Healthcare Trust maintains higher than expected occupancies during pandemic …House passes PPP application extension … Watercrest Senior Living Group breaks ground on new Myrtle Beach senior...
63 percent of long-term care providers wait up to 4 days for COVID-19 test results
By
Lois A. Bowers
Jul 02, 2020
Eighty-seven percent of assisted living communities and nursing homes participating in a new survey said it is taking two or more days for them to obtain the results of COVID-19 tests of staff members....
Occupancy declines continue, despite new admissions: report
By
Amy Novotney
Jul 01, 2020
Occupancy downturns are continuing, even as many senior living operators begin accepting new residents. It’s a sign that the industry still has a long, slow recovery ahead, according to a report...
Senior living operators are using a balanced, data-driven approach to reopening communities during the COVID-19 pandemic by continuously assessing risk, mitigating transmission and monitoring progress...
Senior living community ‘vehemently denies’ wrongdoing, accepts consent order for violating...
By
Kimberly Bonvissuto
Jun 29, 2020
The operator of an independent living community in Pennsylvania has settled claims made by the U.S. Justice Department that one of its communities violated the Fair Housing Act by discriminating against...
Housing wealth among older homeowners grew by $120 billion in Q1: report
By
Amy Novotney
Jun 29, 2020
Homeowners aged 62 years and older saw their housing wealth grow by 1.6%, or $120 billion, in the first quarter, according to a report released Friday from the National Reverse Mortgage Lenders Association.
Assisted living operators need PPE and testing, should report COVID-19 data to federal government, House...
By
Lois A. Bowers
Jun 26, 2020
Congress should take “immediate steps” to get needed personal protective equipment to assisted living communities, nursing homes, home- and community-based settings and other places where older adults...
CCRC opens specialized unit to care for older adults with COVID-19
By
Kimberly Bonvissuto
Jun 24, 2020
After designating one building on its campus to care for its own residents infected with COVID-19, a North Texas continuing care retirement community has opened its doors to others needing specialized...
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....