Lois A. Bowers - McKnight's Senior Living

Lois A. Bowers

Operators need $100 billion to cover COVID costs, industry group says

Assisted living and skilled nursing providers need $100 billion from the Coronavirus Aid, Relief, and Economic Security Act Provider Relief Fund to cover the “enormous costs associated with protecting vulnerable residents and staff from the virus, including constant testing, personal protective equipment (PPE) and staffing,” the American Health Care Association / National Center for Assisted Living said Tuesday.

Senior living needs ‘substantial and immediate financial relief’ from COVID-19, leaders tell federal government

Senior living operators require “substantial and immediate financial relief” from expenses related to the COVID-19 pandemic, the leaders of four major associations representing operators of independent living, assisted living, memory care and continuing care retirement communities tell President Trump, Vice President Mike Pence, and Speaker of the House Nancy Pelosi (D-CA), with other House and Senate leaders copied, in new letters.

Second-quarter senior housing occupancy rate is lowest on record, NIC says

Senior housing occupancy in the second quarter was at the lowest level on record since the National Investment Center for Seniors Housing & Care began reporting data in 2006, NIC said Thursday. Individually, the sectors of assisted living and independent living set or matched previous record lows for occupancy in the second quarter, NIC Chief Economist Beth Burnham Mace told McKnight’s Senior Living.

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