CMS rescinding controversial proposed MFAR … California senior living operator closes SNF to save assisted living units … Main Street lending program a bust with only 0.2% of cash tapped … High Street...
Nonprofits seeing most growth in expansions and affiliations: Ziegler
By
Amy Novotney
Sep 24, 2020
Affiliations and acquisitions are far surpassing new developments within the nonprofit senior living sector, and that trend is likely to continue. That’s according to speakers at the opening session...
Biden proposes $1.9T COVID-19 stimulus plan to speed up vaccinations, increase minimum wage and unemployment...
By
Amy Novotney
Jan 19, 2021
President-elect Joe Biden detailed the first of two relief proposals at a speech in Delaware Thursday evening.
Business briefs for Tuesday, Feb. 9
Feb 09, 2021
55+ Housing Market Index remained high in fourth quarter … $35B proposed Provider Relief Fund infusion far cry from $100B industry leaders have requested … LeadingAge publishes updated housing credit...
Business briefs for Monday, Dec. 21
Dec 21, 2020
Walgreens, CVS begin mass vaccinations at long-term care facilities today … Only 14% of nursing homes plan to mandate COVID-19 vaccine for staff: McKnight’s survey … Nursing home spending down 9.8%...
Depositor surveys, operating expenses play important role in feasibility studies post-COVID
By
Amy Novotney
Aug 27, 2020
The COVID-19 pandemic has brought additional challenges to the process of developing, opening and expanding a new senior living community. But so far, operators are finding that most seniors who put down...
Most small businesses likely to exhaust PPP money by August: study
By
Amy Novotney
Jul 16, 2020
A survey of more than 1,500 small business owners who took advantage of the Small Business Administration’s Paycheck Protection Program has found that most will run out of money by the first week in...
Retiree relocations drop dramatically; TN top destination among those who move
By
Amy Novotney
Nov 30, 2021
More than 3 million Americans retired earlier than planned as a result of the COVID-19 pandemic, according to recent research. As a result, you’d expect the number of retirees relocating for retirement...
Seniors housing and care M&A activity drops 39% in the first quarter
By
Amy Novotney
Apr 15, 2021
After a strong fourth quarter, merger and acquisition activity within the senior housing and care industries dropped precipitously to 77 deals in the first quarter of this year, according to data released...
Half of Americans with incomes over $100,000 think they’ll never be able to retire
By
Amy Novotney
Dec 08, 2020
Although almost every household with an income of $100,000 or more reports saving for retirement, only half of them (49%) say they believe they will ever be able to retire. That’s according to a survey...