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....
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...
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.
Bankers keeping close eye on senior living industry amid virus concerns
By
Amy Novotney
Mar 20, 2020
The increasing number of COVID-19 outbreaks at nursing homes and retirement communities across the nation has lenders worried about the financial health of these facilities, according to an article in...
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,...
NAHQ: A focus on quality will help improve bottom lines
By
Amy Novotney
Mar 10, 2020
Despite two decades spent homing in on care processes, outcomes and the value of care, healthcare operators are still working to close the gap between quality and cost, according to a special issue of...
Vacant hospitals creating new housing stock supply for senior living
By
Amy Novotney
Mar 04, 2020
Across the nation, vacant hospitals, mental institutions and sanitariums are being recast as newly-developed apartment buildings for low-income seniors, according to a blog published Monday by Forbes.
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.
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...