Senior Living

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.

Senior living communities saw a 41% decrease in inquiries, a 27% decrease in initial tours and a 22% decrease in move-ins in April based on year-over-year averages, according to a new report.