COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
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....
Assisted living communities in Virginia slated to receive $20 million to fund COVID-19-related efforts
By
Lois A. Bowers
Jun 22, 2020
Assisted living communities in Virginia will receive $20 million from the state to support their responses to COVID-19, Gov. Ralph Northam announced Friday. The state also has begun naming facilities where...
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...
Report puts senior living on hot seat for requesting immunity from COVID-19 lawsuits
By
Kimberly Bonvissuto
Jun 12, 2020
Senior living and care providers found themselves on the hot seat with the release of a new report from a national consumer advocacy organization that has the support of a U.S. senator and takes several...
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...
Government PPE plans could have ‘grave consequences’ for senior living residents, staff, groups say
By
Lois A. Bowers
Apr 27, 2020
Federal and state advocates for senior living and home- and community-based services providers say it is a mistake for governments not to prioritize these providers’ needs for personal protective...
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...