While one Largo, FL, assisted living community looks to expand its available bed count, nearby competitors are sharing concerns that the move will put even more strain on an industry still reeling from the effects of the pandemic. It’s a conflict likely arising throughout the country as senior living and care facilities plan for a post-pandemic future.
Will a new report on long-term care financing spur action where others have not? Time will tell. But time is of the essence.
Should assisted living communities have medical directors? The growing medical complexity of assisted living residents, combined with an increased need for infection control expertise made evident during the pandemic, have elevated discussions, two speakers said Thursday during AMDA–The Society for Post-Acute and Long-Term Care Medicine’s PALTC21 Virtual Annual Conference.
COVID-19 has had a devastating effect on the senior living industry. But industry experts said Wednesday that they are optimistic it will emerge a better product on the other side.
The average price per unit in assisted living fell 30% from 2019 to 2020, driven by the sale of numerous “lower-quality” assisted living communities, according to newly released data.
Implementing three policy recommendations, with short-term and longer-term steps, would increase access to home- and community-based services, reduce institutional bias in the Medicaid program, and create a stronger caregiving workforce, according to a new report from research and advisory firm ATI Advisor.
A total of $261 million in Phase 3 general distributions had been disbursed to assisted living providers from the Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund as of Dec. 31, according to a report released Thursday by the U.S. Government Accountability Office. The amounts that have been awarded to assisted living providers are dwarfed by the amounts given to skilled nursing facilities.
The coronavirus pandemic continues to negatively affect occupancy in senior living, with percentages released Thursday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service representing all-time lows for the sector.
Occupancy at U.S. senior living communities — including independent living and assisted living communities — reached an all-time low of 80.7% in the fourth quarter of 2020, according to data released Thursday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service.
The results of the November election and this week’s runoffs, combined with the COVID-19 pandemic, present an environment for senior living “unlike any it has seen in its 30-plus years,” according to an industry leader.
