Senior Living - McKnight's Senior Living

Senior Living

dome of Capitol Building, exterior shot

Financial effects of pandemic hitting senior living hardest now, members of Congress tell HHS

Senior living operators need “urgent financial resources” to fight the coronavirus pandemic, a bipartisan group of members of the House of Representatives told Health and Human Services Secretary Alex Azar on Thursday. “Unlike other providers, whose losses were felt in the earlier days of this pandemic (due to loss of elective procedures), the senior living industry is suffering its most significant losses now and these losses will only be compounded in the future,” they said.

Beth Burnham Mace headshot

Occupancy numbers hit historic lows: NIC

As the COVID-19 pandemic took hold in the second quarter, units in the senior living sector emptied out as never before. Occupancy levels declined by 2.8% to 84.9%, according to the National Investment Center for Seniors Housing & Care. Both tallies were the worst ever recorded by NIC, which has been tracking such numbers for the past 14 years.

Senate hearing room

Assisted living ‘ignored’ in COVID-19 discussions, expert tells Senate Aging Committee

Although assisted living communities are home to residents who “are completely just as vulnerable” as nursing home residents to COVID-19, “we sort of tend to ignore them in these situations” because the communities are licensed by states instead of the federal government and don’t receive much funding from the Centers for Medicare & Medicaid Services, one expert witness told the Senate Special Committee on Aging on Thursday.

Next post in Business Daily News