Building back occupancy is priority for Brookdale, CEO says
By
Kimberly Bonvissuto
Aug 10, 2022
With overall weighted average occupancy at 74.6% across its communities in the second quarter, Brookdale Senior Living is focused on building occupancy back to a pre-pandemic level of 85% and then will...
OSHA can issue COVID-19 healthcare standard on its own timeline: courts
By
Kimberly Bonvissuto
Aug 30, 2022
The federal government can issue a permanent COVID-19 healthcare standard on its own timeline after an appellate court ruled against a group of unions hoping to expedite the process.
With worst of pandemic in rearview mirror, LTC focuses on growth: CEO
By
Kimberly Bonvissuto
Aug 01, 2022
Confident that much of the “angst” that LTC Properties experienced during the pandemic is now “in the rearview mirror,” Wendy Simpson, chairman and CEO of the Westlake Village, CA, real estate...
AlerisLife plans $14 million in cost cuts, $4 million in investments
By
Lois A. Bowers
Aug 05, 2022
Newton, MA-based AlerisLife will reduce costs by approximately $14 million and invest approximately $4 million under recommendations made by a consulting firm it hired, to “drive efficiencies and standardize...
Insurance premiums rise for senior living operators due to pandemic: NIC
By
Kimberly Bonvissuto
Jul 29, 2022
Professional liability and property insurance premiums for senior living operators are increasing thanks to COVID-19, according to the results of a new National Investment Center for Seniors Housing &...
Assisted living operators eligible for $10 million in COVID relief funds
By
Kimberly Bonvissuto
Sep 06, 2022
After being left out of multiple rounds of COVID-19 relief funding and “jealously” watching their skilled nursing counterparts have expenses reimbursed, Missouri’s assisted living and residential...
Provider groups decry ‘chronic underfunding’ as CMS introduces HCBS quality measures
By
Lois A. Bowers
Jul 22, 2022
The federal government’s introduction Thursday of quality measures for the home- and community-based services offered by assisted living and other providers comes in the midst of “longstanding, chronic...
Residents’ chronic conditions could push operators to integrate care, housing: study
By
Kimberly Bonvissuto
Lois A. Bowers
Sep 15, 2022
WASHINGTON, DC — US senior living residents average more than a dozen chronic conditions each, and many residents use high-cost healthcare services, suggesting ways that operators can integrate care...
Last of Phase 4 Provider Relief Fund payments coming to a bank account near you
By
Kimberly Bonvissuto
Jul 28, 2022
One last round of Phase 4 Provider Relief Fund payments could be coming as soon as next week, signaling a completion of all payment determinations, according to Argentum.
Investing in people, innovation, efficiencies makes senior living better: panel
By
Kimberly Bonvissuto
Sep 16, 2022
WASHINGTON, DC — A panel of senior living CEOs took the theme of the 2022 National Investment Center for Seniors Housing & Care Fall Conference to heart as they discussed how the industry needs to move...