The coronavirus situation is changing rapidly, but National Investment Center for Seniors Housing and Care Chief Economist Beth Burnham Mace recently spent some quality social distancing time on the telephone with McKnight’s Senior Living to share her insights on where things stand and where they might be headed.
The coronavirus has not negatively affected senior living community move-ins to date, according to the results of a newly released survey conducted by Activated Insights in conjunction with the National Investment Center for Seniors Housing and Care. In fact, in some cases, occupancy has seen a recent improvement.
As a country, we must understand the vital role served by the men and women who provide care in our senior living communities and skilled nursing facilities — and give them the support they require.
U.S. stocks closed higher Thursday after central banks around the world rolled out several emergency measures designed to lessen the economic fallout stemming from the coronavirus pandemic. Between Wednesday and Thursday, the Federal Reserve launched a new lending facility to backstop U.S. money-market mutual funds and extended its currency exchange program with other central banks, and the Bank of England lowered its benchmark interest rate to a record low, according to reports.
Concerns over additional virus contagion and occupancy declines in seniors housing are taking a toll on industry stock prices, the Wall Street Journal reports.
McKnight’s Long-Term Care News’ Spring Online Expo today features a 1 p.m. ET presentation by National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace. She will discuss how today’s current economic conditions will shape the types and costs of capital sources operators can count on during the year ahead.
National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace will examine senior living and skilled nursing fundamentals and the outlook for the sectors tomorrow during a McKnight’s Long-Term Care News Spring Online Expo presentation.
We need to give this emerging virus the respect and response it deserves. But let’s also try to keep things in perspective.
Labor markets are tight, but data from the U.S. Bureau of Labor Statistics suggest a few groups that senior living and care operators might want to court for new workers, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace said Friday.
Panelists discussed how to cost-effectively deliver healthcare to middle-income older adults in senior housing on Thursday at the NIC Spring Conference.
