Coronavirus / COVID-19 - McKnight's Senior Living

Coronavirus / COVID-19

Seniors at home

Operators’ reopening strategies balance residents’ physical, mental health needs: ASHA brief

Senior living operators are using a balanced, data-driven approach to reopening communities during the COVID-19 pandemic by continuously assessing risk, mitigating transmission and monitoring progress while considering their unique markets and communities, according to a new special issue brief issued by the American Seniors Housing Association.

Federal Reserve building close-up

Capital providers pass Fed’s stress test, some just barely

All 33 U.S. banks subject to the 2020 Federal Reserve stress tests met the standards to prove they would be able to retain enough capital to stay solvent through a deeper crisis, according to results released by the central bank last week. The Fed, however, said several banks came close to the minimum levels of cash reserves mandated under the Dodd-Frank Wall Street reform law, which was passed in the wake of the 2007-2009 financial crisis.

Business briefs for Tuesday, June 30

More than 40% of companies in the S&P 500 have pulled their guidance due to the coronavirus pandemic … Ziegler completes two fixed-rate deals for nonprofit senior living providers … National Church Residences acquires independent living villas at Florida retirement community … Atlantic Housing Partners to open $15M Florida affordable seniors housing community … Boston Capital invests in Kansas affordable seniors housing expansion

COVID caregivers, don’t forget to take care of yourselves

Results of a new survey bring potentially troubling news for those in senior living employees and the companies for which they work: Personal exposure to the coronavirus is linked with poor mental health. Fortunately, there are steps that front-line heroes and others can take to lessen the stress they might be feeling related to the pandemic, regardless of whether they have been exposed to the disease.

Brian Jurutka headshot

NIC point-in-time survey shows COVID-19 cases, testing higher in settings where residents have greater care needs

Suspected and confirmed positive cases of COVID-19 are higher in senior living and care settings where resident care needs are greater, according to results of a small survey released Friday by the National Investment Center for Seniors Housing & Care. But, generally speaking, COVID-19 testing also is more prevalent in higher-need settings.

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