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.
Economy’s path depends on course of the virus: Fed
By
Amy Novotney
Jul 30, 2020
Business executives, including those within the seniors housing industry, likely can expect additional help from the Federal Reserve as the COVID-19 pandemic continues to take its toll on the nation’s...
Industry leaders plead for fiscal relief
By
Amy Novotney
Oct 15, 2020
Citing a worsening pandemic, the American Health Care Association / National Center for Assisted Living warned again Wednesday that widespread financial challenges loom over many long-term care facilities.
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...
Senior living indirectly benefits from $5.3T in COVID-19 stimulus offers, but economists concerned about...
By
Amy Novotney
Mar 30, 2021
The U.S. federal government has passed an unprecedented $5.3 trillion in stimulus packages in an effort to help the economy recover from the COVID-19 pandemic. In the short term, these efforts appear to...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Long-term care community design affects COVID-19 infection control: study
By
Amy Novotney
Feb 03, 2022
Resident COVID-19 infection rates were significantly higher in single-site long-term care facilities with stand-alone buildings than in facilities with smaller, detached buildings, according to a new meta-analysis.
Financial incentives might tempt facilities to admit infected residents: LA Times
By
Amy Novotney
May 05, 2020
In an industry devastated by the coronavirus, some patient advocates and industry experts fear nursing home operators may seek to take advantage of the premium pay offered for admitting COVID-19-positive...
Department of Labor announces virus-related liability protections in light of executive order
By
Amy Novotney
Apr 29, 2020
In a move that may provide leverage in the battle for legal immunity for long-term care providers, the Department of Labor released a statement Tuesday providing some liability protections for meat industry...
Fitch lowers life plan community sector outlook to negative, but no all-encompassing rating action
By
Amy Novotney
May 27, 2020
Fitch Ratings has revised its outlook on life plan communities to negative last week, reflecting the rating agency’s concern that many of COVID’s risks still lie ahead.