Trimming costs and creating operational efficiencies in a post-COVID world
By
Amy Novotney
Apr 22, 2021
As the COVID-19 pandemic pushed senior living and care expenses to an all-time high, at a pace greater than what resident fee increases can absorb, taking the time to trim unnecessary costs and implement...
Public-private collaboration key to securing long-term care financing for middle-income Americans
By
Amy Novotney
Apr 09, 2021
Recent studies have found that more than half of middle-income seniors will not be able to afford the care they need, and 15% of baby boomers will incur more than $250,000 in long-term care costs. If anything,...
Biden’s infrastructure plan includes prioritized funding for affordable housing, long-term care
By
Amy Novotney
Apr 01, 2021
President Biden unveiled a $2 trillion, eight-year infrastructure plan on Wednesday with a nod to the needs of older adults and the long-term care industry. The first phase of the president’s American...
Number of operators investing in video conferencing capabilities for residents has quadrupled since 2018:...
By
Amy Novotney
Feb 10, 2021
Three-fourths of senior living and care providers invested in video conferencing capabilities for residents last year, quadrupling the number of providers who did so just two years earlier, according to...
Bipartisan lawmakers propose new $908B COVID-19 relief bill that includes liability protections, support...
By
Amy Novotney
Dec 02, 2020
A group of bipartisan House and Senate lawmakers on Tuesday introduced a $908 billion COVID-19 relief proposal that includes liability protections, support for small businesses and at least some federal...
Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.
New normal for SNFs: more staff, telehealth and hospital alliances
By
Amy Novotney
Jun 18, 2020
As the nation moves through the initial phase of COVID-19 and on to future planning, skilled nursing facilities must make efforts to hire more workers — particularly registered nurses and perhaps...
Business briefs for Monday, June 1
Jun 01, 2020
Argentum: Impact of COVID-19 on senior living could be $50 billion … House passes bill extending PPP forgiveness deadline and adjusts how much must be use for payroll expenses … U.S. mortgage applications...
SNPs up a third since 2018: Ziegler
By
Amy Novotney
May 15, 2020
The COVID-19 “new normal” for long-term care residents and families has heightened demand and interest for operators to provide additional clinical services within the long-term care setting, according...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...