Operators combat the challenges of opening a senior living facility during pandemic
By
Amy Novotney
Jul 29, 2020
When it comes to opening a new senior living community amid the uncertainty of COVID-19, flexibility and web-based tours are a must, according to operators who have done so.
Assisted living likely to see a return to ‘neighborhood’ model, architects say
By
Amy Novotney
Jul 24, 2020
As the pandemic continues to affect the long-term care industry, the future of assisted living is likely to involve a return to and enhancement of the “neighborhood” planning model, according to industry...
Approximately 5% of U.S. adults are delaying their retirement due to pandemic: survey
By
Amy Novotney
Jul 16, 2020
In yet another blow to the senior living industry, 11 million U.S adults — approximately 5% — now say they have delayed retirement as a direct result of the coronavirus pandemic. That’s according...
Three-quarters of those laid off due to COVID-19 now risk running short of money during retirement: report
By
Amy Novotney
Jul 22, 2020
Approximately 75% of workers who have lost jobs during the pandemic are now at risk of being unable to maintain their standard of living when they retire, according to a new study from the Center for...
New rule extends time frame for COBRA sign-up
By
Amy Novotney
Jul 21, 2020
A new rule issued as a result of the COVID-19 pandemic gives furloughed and laid-off workers in the long-term care industry extra time to decide whether they want to keep their employer-sponsored health...
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...
Genesis: COVID-19 might put us out of business
By
Amy Novotney
Aug 12, 2020
COVID-19 is having a “significant adverse impact” on the finances of Kennett-Square, PA-based Genesis Healthcare, with estimates showing that the incremental expenses and lost revenue caused by the...
Aging groups see ‘skinny’ bill as a lightweight proposal
By
Amy Novotney
Aug 20, 2020
Aging services providers criticized a new version of the Senate Republican leadership’s Health, Economic Assistance, Liability Protection and Schools Act proposal released Wednesday, saying it does little...
NHI reports 4.2% in August rent deferrals, continued occupancy declines
By
Amy Novotney
Aug 19, 2020
Murfreesboro, TN-based National Health Investors said Tuesday that it had collected 95.3% of contractual rent in August and deferred 4.2%, including 2.5% related to a previously disclosed deferral to Bickford...
Nursing home firms snag high-powered lobbyists
By
Amy Novotney
Aug 18, 2020
An analysis published in the New York Times Sunday examined the efforts of some of the country’s largest nursing home companies to assemble lobbyists to help advocate for protection against lawsuits,...