Employers could see healthcare costs rise 10% next year: PwC
By
Amy Novotney
Jun 30, 2020
Employers are likely to face an increase in medical costs of between 4% and 10% for their employees in 2021, according to a new report from PricewaterhouseCoopers.
Confluent, MorningStar break ground on new community incorporating infection control design changes
By
Amy Novotney
Jan 28, 2021
Co-developers Confluent Senior Living and MorningStar Senior Living broke ground Wednesday on the development of an urban infill community in Denver’s Observatory Park neighborhood.
Preventive measures could pay off for senior living provider
By
Amy Novotney
Apr 13, 2020
McMinnville, OR-based senior living provider The Springs Living already has spent approximately $300,000 to date on efforts to prevent the spread of COVID-19 within its communities, and company executives...
Regional Health Properties collects first quarter rent, but COVID-19 concerns remain
By
Amy Novotney
Jun 18, 2020
Suwanee, GA-based Regional Health Properties said the real estate investment trust has received most of its rental receipts from tenants through June but faces a number of uncertainties as it considers...
HHS to issue reporting requirements for provider relief funds
By
Amy Novotney
Jul 27, 2020
Last week the U.S. Department of Health and Human Services released a notice acknowledging that more detailed Provider Relief Fund reporting guidance and materials will be released on Aug. 17. In the short,...
Ventas, Sabra exceed analysts’ third-quarter expectations, but continued occupancy concerns loom
By
Amy Novotney
Nov 09, 2020
Chicago-based Ventas reported third-quarter funds from operations of 75 cents per share Friday, coming in above analysts’ expectations for the real estate investment trust but still 22% lower than a...
More than a third of seniors will wait to get COVID-19 vaccine: survey
By
Amy Novotney
Dec 15, 2020
As COVID-19 vaccinations among high-risk populations begin this week, more than one in three seniors (36%) now say they plan to wait to get the vaccine, according to a new survey from insurance firm GoHealth....
Ventas to cut executive salaries, a quarter of corporate jobs
By
Amy Novotney
May 29, 2020
Chicago-based real estate investment trust Ventas will make adjustments to its corporate cost structure in response to the COVID-19 pandemic’s impact on the firm, according to a Securities & Exchange...
Regional Health Properties experiences continued occupancy decreases, increased costs due to COVID-19
By
Amy Novotney
Aug 24, 2020
Regional Health Properties reported last week that the Suwanee, GA-based real estate investment trust had collected 85% of its expected monthly rental receipts from tenants through July, adding that the...
BMO Capital Markets predicts elongated seniors housing recovery, changes outlooks for REITs
By
Amy Novotney
Jan 11, 2021
Although the COVID-19 vaccines are expected to become more widely available as the first quarter continues, investment banking firm BMO Capital Markets is predicting an elongated recovery for the senior...