Lifesprk, Tealwood Senior Living bring together 35 senior living properties across multiple states … 2021 shaping up as ‘difficult year’ with ‘uneven’ road to recovery: National Health Investors … Diversicare announces first-quarter financial results … Long-term care providers look to multidisciplinary approach for indoor air quality solutions … Business court opens in Georgia
The COVID-19 pandemic led to an additional $32 million in healthcare-related expenses last year for Diversicare, and the Brentwood, TN-based skilled nursing operator expects 2021 will be another year of the same, according to the firm’s fourth-quarter and year-end 2020 earnings call late Thursday.
Although many in the senior care industry have been focusing on the recent surge in COVID-19 deaths and record low skilled nursing occupancy rates, one ratings agency says it’s banking on a full recovery for the sector by 2022, even without help from the federal government.
Market ripe for senior living development: Radius Realty CEO … Seniors housing operating costs likely to remain high post-pandemic: Motley Fool … Ensign Group acquires 82-bed Texas SNF … Brandywine Living completes acquisition of two NJ assisted living communities through partnership with Welltower … Diversicare selects Reliant Rehabilitation as therapy services providers … United Church Homes joins Link•Age ownership group
Thirty senior living and care organizations have been recognized as winners in NRC Health’s second annual Employee Approved Awards and Customer Approved Awards, the healthcare consumer data and content company announced Tuesday.
Brentwood, TN-based Diversicare felt the impact of COVID-19 “in a very real way” in the second quarter, recording more than 2,500 positive cases in patients, residents and staff, affecting 56 of the firm’s 62 skilled nursing facilities.
With several states beginning to reopen businesses but COVID-19 still a threat, LeadingAge on Thursday unveiled a five-point plan of actions it deems essential to protecting older Americans and frontline healthcare workers who live or work in senior living communities and other settings.
Appointments, promotions and other news at the Acts Retirement-Life Communities, American College of Health Care Administrators, Brethren Retirement Community, Broadmead, Cypress Cove at HealthPark Florida, Diversicare, EarlySense, EcoLab, Friendship, Integral Senior Living, JACA Architects, LeadingAge Maryland, Pegasus Senior Living, Radiant Senior Living and Seniorlink.
Diversicare Healthcare Services’ common stock has begun trading on the OTCQX now that Nasdaq has denied an appeal by the company for the stock to remain listed on that exchange.
Leslie Cunningham Campbell, executive vice president and chief operating officer at Diversicare, is a member of the 2019 McKnight’s Women of Distinction Hall of Honor.
