Appointments and retirements at American House Senior Living, Ingleside, Landis Communities, Laurel Circle, Legend Senior Living, Lifespace Communities, Morning Pointe Senior Living, NewPoint Real Estate...
Main Street Lending program off to sluggish start
By
Amy Novotney
Jul 02, 2020
More than two weeks ago, the Federal Reserve launched its long-awaited $600 billion Main Street Lending Program, designed to help small and midsize businesses weather the coronavirus-induced recession....
Genesis and Ensign Group see shares drop amidst House COVID-19 nursing home investigation
By
Amy Novotney
Jun 22, 2020
Last week, a House of Representatives committee launched an investigation into how five large nursing home companies have handled COVID-19. Among the nursing homes under investigation are publicly traded...
Analysts mull recovery prospects for seniors housing REITs
By
Amy Novotney
May 18, 2020
A week after the sector’s largest companies reported first-quarter earnings, several analysts have shared their views on how healthcare real estate investment trusts are faring amidst the ongoing COVID-19...
Fed study: More firms cutting investments and payouts during pandemic than last recession
By
Amy Novotney
May 07, 2020
Last month’s earnings calls – some of the first to occur since the global coronavirus began – pointed to financing fears throughout corporate America that far exceeded the 2008 crisis, according...
Business briefs for Wednesday, April 29
By
Amy Novotney
Apr 29, 2020
More companies have suspended dividends so far this year than in the previous 10 years combined … Medicaid increases providing pandemic cushion for providers … Massachusetts’ first SNF-based COVID-19...
HHS announces additional $40 billion in distributions to healthcare providers
By
Amy Novotney
Apr 24, 2020
The Department of Health & Human Services announced an additional $40 billion in CARES Act distributions to healthcare providers Wednesday, with checks going out as early as April 24.
Could senior living face long-term financial problems due to COVID-19?
By
Amy Novotney
Apr 17, 2020
Senior living communities are facing grave uncertainty amidst the novel coronavirus pandemic, according to a story Thursday.
AHCA/NCAL: CMS Accelerated Payment program providing quick support
By
Amy Novotney
Apr 16, 2020
The surest bet for quick financial help for long-term care operators right now appears to be through the Centers for Medicare & Medicaid Services’ Accelerated Payment Program, Consolidated Billing Services...
Private equity firms halt dealmaking amid COVID-19
By
Amy Novotney
Mar 27, 2020
Many private equity firms are turning their attention away from mergers and acquisitions to focus on the needs of its current portfolio holdings amid the market’s uncertainty around the coronavirus pandemic,...