3 in 4 retirees say means to a comfortable lifestyle have stayed the same during pandemic
By
Amy Novotney
Sep 08, 2020
Here’s some good news for the senior housing industry: Despite the ongoing pandemic, 75% of retirees say their confidence in their ability to maintain a comfortable lifestyle through retirement has stayed...
The work-from-home surge may lead workers buy retirement homes even before they retire
By
Amy Novotney
Sep 22, 2020
COVID-19 has forced many Americans to work remotely — and some companies even have added an option for employees to work from home for the rest of their careers. For the senior housing industry, this...
Pandemic could be even worse for older workers’ retirement than the Great Recession: economists
By
Amy Novotney
Jun 25, 2020
In a new analysis for CNN, two economists predict that the COVID-19 will have an even more profound effect on the retirement savings of older American workers’ than the Great Recession did more than...
Labor Department excludes senior living from COVID-19 relief bill’s paid leave requirement
By
Amy Novotney
Mar 29, 2020
The Department of Labor released updated questions and answers regarding the Families First Coronavirus Response Act Saturday, and provided guidance categorizing senior living providers as “health care...
Bondholders for Illinois CCRC file Chapter 11 plan of reorganization, suggest change to resident agreements
By
Amy Novotney
May 20, 2020
Bondholders Lapis Advisers LP and Amundi Pioneer Asset Management have filed a Chapter 11 plan of reorganization and disclosure statement for Bartlett, IL-based continuing care retirement community Clare...
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...
Looking for provider relief funds? These tips can help
By
Amy Novotney
Jun 25, 2020
Earlier this month, the Department of Health and Human Services announced that it would distribute approximately $15 billion in grants to eligible state Medicaid and Children’s Health Insurance Program...
Federal law no longer requires employers to provide paid leave to employees affected by COVID-19
By
Amy Novotney
Jan 06, 2021
Provisions of the Families First Coronavirus Response Act, which became law in April and mandated the paid sick leave and Family and Medical Leave Act leave for eligible employees affected by COVID-19,...
Almost a fourth of SNFs reported staff shortages by end of 2020: report
By
Amy Novotney
Feb 01, 2021
The number of skilled nursing facilities reporting a shortage or nurses, aides or doctors increased dramatically last year, according to an analysis of government data released last week by the U.S. PIRG...
One year into pandemic, nursing home workforce has declined by 11.5 percent
By
Amy Novotney
Mar 22, 2021
Nursing homes lost 11,600 jobs in February, contributing to the 11.5% reduction in the nursing home workforce seen since February 2020, a drop of 182,000 jobs. That’s according to a health sector economic...