As the nature and duration of the COVID-19 pandemic remains unclear, the senior living industry finds itself shifting from a sprint to a marathon without a known finish line. Lynne Katzmann of Juniper Communities and Lori Alford of Avanti Senior Living shared their experiences during a webinar held by the National Investment Center for Seniors Housing & Care.
Invesque is in discussions with the Symphony Care Network in light of the effect of the COVID-19 pandemic on its operations. Although Invesque said it is too early to comment on the restructuring, options include rent reduction, new operators at certain buildings and / or the sale of some properties.
Senior housing has experienced a number of cycles and headwinds, but will it successfully survive the current COVID-19 pandemic? You’ve got questions, and we have answers.
A California appellate court has upheld a trial court’s decision to deny arbitration in an elder abuse and wrongful death lawsuit against a memory care operator in the state. The operator may appeal.
As the senior living industry looks for ways to safely emerge from COVID-19, the International Council on Active Aging brought together 154 thought leaders to create strategies for all segments of the industry to emerge from lockdown.
The Department of Health and Human Services has reversed its position and now says that Medicaid providers who previously received a payment from a general distribution of funds from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund can apply for additional funding.
The discovery that some robot “friends” increasingly used in senior living communities can be vulnerable to cyberattacks is “a reminder of how important vulnerability assessment programs are for all technology companies,” according to Brian McWade, chief technology officer for Connected Living.
The Pennant Group of Eagle, ID, pointed to its local leadership model as the reason for a strong second quarter, according to an earnings call Wednesday.
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
COVID-19 has had a negative effect on the senior living industry, impacting operator revenues and building occupancy rates, but National Health Investors’ leadership said during a second-quarter earnings call that its operators have performed well considering the challenges.
During a Pennsylvania public hearing on COVID-19 testing challenges, a state senior living and care advocacy organization called for prioritizing long-term care for testing resources.
Social insurance initiatives to help finance long-term services and supports are gaining traction at the state level because “the costs of waiting around for something to happen at the federal level is exceeding the cost of trying to do something,” according to the author of a new report on the topic.
The COVID-19 pandemic has not diminished prospective residents’ interest in moving to a senior living community, with on-site access to care and services and socialization among the main perceived benefits, according to a new market research survey.
Capital Senior Living reiterated its belief that conditions related to COVID-19 “raise substantial doubt about the company’s ability to continue as a going concern” in a document filed Monday with the Securities and Exchange Commission.
As senior living operators navigate the COVID-19 pandemic, some states are crafting guidance for reopening senior living communities to visitation.
McKnight’s Senior Living Editor Lois A. Bowers won four awards for writing on Friday night at the Press Club of Cleveland’s 42nd annual All Ohio Excellence in Journalism Awards. The ceremony was conducted via Zoom due to the pandemic.
Ventas and CareTrust REIT executives said Friday they are hopeful that senior living operators will receive assistance to battle the coronavirus in the next federal aid package.
Although the COVID-19 pandemic continues to have a significant effect on the senior living industry, New Senior Investment Group’s independent living business model has meant lower occupancy losses, resulting in better-than-anticipated financial performance, executives said Friday on a second-quarter earnings call.
Proposed legislation that would protect healthcare providers from COVID-19-related lawsuits “is critically needed and should be enacted as soon as possible,” 495 organizations, including several associations representing senior living and other long-term care providers, wrote in a letter to all members of Congress.
“The future is very, very bright for women in the world,” Wendy Simpson said during an educational webinar at the McKnight’s Women of Distinction Forum last month. No doubt, her work steering LTC Properties’ ship has helped make it so.