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Balda and Schless headshots

COVID-19 could have $57 billion impact on senior living; Argentum, ASHA request $20 billion from HHS

The COVID-19 pandemic will have a $40 billion to $57 billion financial impact on the U.S. senior living industry over the next year, American Seniors Housing Association and Argentum leaders said in a letter to Health and Human Services Secretary Alex Azar. Citing the forecast from a third-party analysis, ASHA and Argentum asked Azar to allocate $20 billion from the CARES Act to companies operating independent living, assisted living, memory care and continuing care retirement communities.

concerned worker

Frontline workers must be priority for COVID-19 resources, groups say; Juniper to test all residents, staff

The safety and well-being of frontline workers in senior living and skilled nursing must be prioritized in order to ensure that older adults receive the care they need and that the spread of COVID-19 is minimized, leaders of professional organizations serving the industry said in a unified message released Thursday. Meanwhile, also on Thursday, Bloomfield, NJ-based Juniper Communities said it had begun testing all residents and employees for COVID-19 at the communities it owns.

Labor Department excludes senior living from COVID-19 relief bill’s paid leave requirement

The Department of Labor released updated questions and answers regarding the Families First Coronavirus Response Act Saturday, and provided guidance categorizing senior living providers as “health care providers” under the act. The move means operators will be excluded from requirements that certain companies with fewer than 500 workers provide up to 12 days of paid leave for employees who need to care for children due to school closures.

Capitol building

Coronavirus-related costs could be $10B to $20B for senior living; industry deserves bailout, groups say

COVID-19-related costs could approach $10 billion to $20 billion for the senior living industry, so lawmakers should not forget such companies as they negotiate a bill potentially topping $2 trillion in aid for citizens and businesses in response to the pandemic, the presidents of Argentum and the American Seniors Housing Association told Senate and House leaders.

The U.S. Capitol building

Coronavirus bill provisions would ‘decimate’ senior living workforce, organizations say

Provisions in a multi-billion dollar bill to provide coronavirus-related relief to workers would “significantly curtail our caregiver workforce” and must be addressed, Argentum President and CEO James Balda and American Seniors Housing Association President David Schless said Monday in a letter to House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell.

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