Assisted living could be next in line for COVID relief funds
By
Kimberly Bonvissuto
Aug 24, 2020
Senior living providers are expected to have access soon to funding from the federal government to help them with their COVID-19-related expenses, according to the American Seniors Housing Association....
Biden lays out a ‘path out of the pandemic,’ but senior living says it’s a ‘path toward bankruptcy’
By
Kimberly Bonvissuto
Sep 10, 2021
President Biden late Thursday laid out a six-point COVID-19 action plan to combat the virus and protect the economy, but one senior living association executive called it “a path toward bankruptcy”...
HHS announces $20 billion in new COVID-19 relief funding; Assisted living eligible
By
Kimberly Bonvissuto
Oct 02, 2020
The federal government on Thursday announced $20 billion in new funding for assisted living communities and other providers on the frontlines of the coronavirus pandemic. Providers can start applying on...
Silver lining of Build Back Better bill collapse: opportunities for improvements, providers say
By
Kimberly Bonvissuto
Dec 21, 2021
With Democrats’ plans to vote on the $2 trillion Build Back Better social spending bill derailed by a surprise “no vote” announcement from Sen. Joe Manchin (D-WV), the senior living and care industry...
Technology-enabled services and care are fueling innovation in senior living, speakers say
By
Kimberly Bonvissuto
Sep 18, 2020
Investments in technology and technology-enabled care are fueling innovation in the senior living and care industry, although more investment is needed, according to industry experts.
Half of assisted living providers are operating at a loss, unable to sustain operations another year:...
By
Kimberly Bonvissuto
Aug 20, 2020
Half of assisted living providers are operating at a loss, and 64% say they won’t be able to sustain operations for another year, according to survey results released Wednesday by the National Center...
Demand for senior housing driving accelerated move-in pace: NIC
By
Kimberly Bonvissuto
Aug 13, 2021
Demand for senior housing and care continues to increase despite rising COVID-19 cases. That’s according to the latest executive survey from the National Investment Center for Seniors Housing & Care.
Operator cites pandemic in ending assisted living services
By
Kimberly Bonvissuto
Apr 25, 2022
A California senior living community is blaming the pandemic in announcing the end of its assisted living services after 60 years.