AHCA/NCAL

Business briefs for Monday, Dec. 21

December 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% this year, far more than hospitals, home health … Ensign Group increases quarterly dividend to 5.25 cents per share … CareTrust declares fourth-quarter dividend of 25 cents per share … AHCA/NCAL launch campaign to encourage LTC residents and staff to get vaccinated against COVID-19

News

Vaccination mandates generally okay: EEOC guidance

By

Kimberly Bonvissuto

December 18, 2020

Employers can require proof of COVID-19 vaccination from employees — with some exceptions — according to new recommendations from the Equal Employment Opportunity Commission.

News

Feds to allocate another $4.5 billion in relief payments

By

Kimberly Bonvissuto

December 17, 2020

Operators facing “significant hardships” soon may get some relief, thanks to expanded Phase 3 payments. In all, another $4.5 billion has been added to the program. Assisted living operators are expected to receive $140 million of that total.

News

Long-term care vaccination rollout begins across states; second COVID-19 vaccine approval anticipated

By

Kimberly Bonvissuto

December 17, 2020

Shipments of the first COVID-19 vaccine fanned out across the country, and some long-term care communities will begin vaccinating residents as early as Friday.

News

Operators cite ‘urgent’ need for COVID funding relief

By

Kimberly Bonvissuto

December 17, 2020

With a tentative agreement and an expected vote on a COVID relief package expected this week, senior living industry leaders said the need for additional relief funding in senior living is “urgent.”

Business Daily News

AHCA warns that two-thirds of nursing homes are operating at a loss

By

Amy Novotney

December 17, 2020

The COVID-19 pandemic is pushing many skilled nursing operators close to bankruptcy, according to a new survey by the American Health Care Association. The organization surveyed 953 nursing home operators on the financial and staffing challenges they continue to face and found that 90% said they are currently operating at a profit margin of 3% or less. In addition, nearly two-thirds (65%) of nursing homes are operating at a loss and report that they won’t make it another year without additional government support.

Companies

People in the news, Dec. 15

By

Kimberly Bonvissuto

December 15, 2020

Appointments, promotions and news at American Health Care Association/National Center for Assisted Living, Bowman Place at Olde Bedford, Bridges by EPOCH at Hingham, Commonwealth Senior Living, Five Star Senior Living, Frasier, GlynnDevins, HMP Senior Solutions, Inspir Carnegie Hill, Integral Senior Living, Legend Senior Living, Masonic Villages, Love & Co., McShane Construction Company, Park Springs, Sabra Health Care REIT, Waterstone at the Circle.

News

Vaccine authorization is ‘ray of hope’ but only first step in beating COVID-19, long-term care provider groups say

By

Lois A. Bowers

December 14, 2020

The first vaccinations against COVID-19 in the United States could begin today, but it might be a week or more until many assisted living community and nursing home residents and staff members have the opportunity to be vaccinated. And even then, industry provider groups say, the vaccine is only the first step in beating COVID.

News

AHCA/NCAL wants long-term care residents, staff vaccinated against COVID by March 1

By

Lois A. Bowers

December 8, 2020

Governors and public health officials should ensure that residents and employees of long-term care facilities are prioritized before everyone else for COVID-19 vaccination and that they receive both doses of the vaccine by March 1, American Health Care Association/National Center for Assisted Living executives said Monday.

Business Daily News

Time is now for coordinating employee vaccine process: workplace safety expert

By

Amy Novotney

December 8, 2020

Whether long-term care operators will mandate that their employees get a COVID-19 vaccine once one is available has been a topic of much discussion over the past several weeks.

Business briefs for Monday, Dec. 21

Vaccination mandates generally okay: EEOC guidance

Feds to allocate another $4.5 billion in relief payments

Long-term care vaccination rollout begins across states; second COVID-19 vaccine approval anticipated

Operators cite ‘urgent’ need for COVID funding relief

AHCA warns that two-thirds of nursing homes are operating at a loss

People in the news, Dec. 15

Vaccine authorization is ‘ray of hope’ but only first step in beating COVID-19, long-term care provider groups say

AHCA/NCAL wants long-term care residents, staff vaccinated against COVID by March 1

Time is now for coordinating employee vaccine process: workplace safety expert

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