Nursing homes previously sued for Medicare fraud received hundreds of millions in coronavirus relief...
By
Amy Novotney
Aug 05, 2020
For-profit nursing home operators that have faced accusations of Medicare fraud and kickbacks in recent years received more than $300 million in coronavirus relief payments, according to a Washington Post...
Occupancy, operator fundamentals biggest variable when it comes to accessing capital: Marcus & Millichap
By
Amy Novotney
Sep 09, 2020
Capital costs are being driven by two factors. One is pandemic-related occupancy losses. The other is property characteristics. That’s according to Andrew Van Zee, an investment broker with the Knapp...
CDC, university COVID vaccine research gets boost from senior living volunteers
By
Kimberly Bonvissuto
Jun 16, 2021
Residents of a Florida life plan community are among those participating in a national study tracking the effects of COVID-19 vaccines over time in older adults in senior living communities.
COVID impact on senior living on track to reach $17 billion, ASHA says, requesting relief
By
Lois A. Bowers
Nov 12, 2020
As the financial impact of the coronavirus pandemic on senior living is on track to reach $17 billion annually, providers need more funds to cover additional expenses and lost revenue, and they need new...
Pandemic not dampening desire for luxury retirement living
By
Lois A. Bowers
Apr 21, 2020
A pandemic is not preventing Moorings Park Grande Lake in Naples, FL, from opening and continuing to attract interest. “We have closed over $77 million in sales during the last two weeks,” a Moorings...
To attract home care employees, treat them like healthcare workers, expert says
By
Diane Eastabrook
Mar 31, 2021
The pandemic highlighted the numerous challenges the home care industry faces as the U.S. population ages, Robert Espinoza, PHI vice president of policy for the nonprofit PHI, which tracks the direct care...
Operators need $100 billion to cover COVID costs, industry group says
By
Lois A. Bowers
Jul 22, 2020
Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Senior living in vulnerable position given attacks on COVID lawsuit immunity, experts say
By
Kimberly Bonvissuto
Sep 17, 2021
In the past year, the number of states with COVID-19 liability protections for senior living operators grew from 12 to 41. But attorneys are slowly chipping away at those protections through a series of...
COVID-19 has ‘disproportionate effect’ on long-term care: study
By
Lois A. Bowers
Apr 24, 2020
As the House of Representatives passed a $484 billion bill with new COVID-19-related funding, a study published Thursday by the Kaiser Family Foundation finds that COVID-19 has had a “disproportionate...