CMS rescinding controversial proposed MFAR … California senior living operator closes SNF to save assisted living units … Main Street lending program a bust with only 0.2% of cash tapped … High Street...
Nonprofits seeing most growth in expansions and affiliations: Ziegler
By
Amy Novotney
Sep 24, 2020
Affiliations and acquisitions are far surpassing new developments within the nonprofit senior living sector, and that trend is likely to continue. That’s according to speakers at the opening session...
Business briefs for Wednesday, April 29
By
Amy Novotney
Apr 29, 2020
More companies have suspended dividends so far this year than in the previous 10 years combined … Medicaid increases providing pandemic cushion for providers … Massachusetts’ first SNF-based COVID-19...
Fed study: More firms cutting investments and payouts during pandemic than last recession
By
Amy Novotney
May 07, 2020
Last month’s earnings calls – some of the first to occur since the global coronavirus began – pointed to financing fears throughout corporate America that far exceeded the 2008 crisis, according...
Main Street Lending program off to sluggish start
By
Amy Novotney
Jul 02, 2020
More than two weeks ago, the Federal Reserve launched its long-awaited $600 billion Main Street Lending Program, designed to help small and midsize businesses weather the coronavirus-induced recession....
Biden proposes $1.9T COVID-19 stimulus plan to speed up vaccinations, increase minimum wage and unemployment...
By
Amy Novotney
Jan 19, 2021
President-elect Joe Biden detailed the first of two relief proposals at a speech in Delaware Thursday evening.
Business briefs for Monday, Dec. 21
Dec 21, 2020
Walgreens, CVS begin mass vaccinations at long-term care facilities today … Only 14% of nursing homes plan to mandate COVID-19 vaccine for staff: McKnight’s survey … Nursing home spending down 9.8%...
Business briefs for Tuesday, Feb. 9
Feb 09, 2021
55+ Housing Market Index remained high in fourth quarter … $35B proposed Provider Relief Fund infusion far cry from $100B industry leaders have requested … LeadingAge publishes updated housing credit...
Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
Most small businesses likely to exhaust PPP money by August: study
By
Amy Novotney
Jul 16, 2020
A survey of more than 1,500 small business owners who took advantage of the Small Business Administration’s Paycheck Protection Program has found that most will run out of money by the first week in...