Focus on Care Continuum Helps Regional Providers Danbury, Horst Expand During Covid-19

The Covid-19 pandemic put some senior living expansion projects on ice earlier this year, but some companies continue to expand and even see greater opportunities for growth. Among these are two regional providers that have found success providing a continuum of care for seniors. Danbury Senior Living recently began accepting reservations for new independent living […]

Artis Senior Living CEO: We Created More Strategic Covid-19 Response With Expert Help

Like the senior living industry at large, Artis Senior Living followed guidance from the Centers for Disease Control and Prevention (CDC), as well as state and local public health departments, in responding to the coronavirus pandemic. But the information from those agencies was fluid in nature, and often contradictory. So Artis decided it needed a […]

Senior Housing Occupancy Falls At Fastest Rates Since April

Senior housing occupancy rates last month fell at their fastest pace since the early days of the coronavirus pandemic. Assisted living occupancy, notably, fell 170 basis points to 82.9%, according to the latest intra-quarterly report from the National Investment Center for Seniors Housing & Care’s (NIC) NIC MAP data service. That is near a record […]

Skilled Nursing, Assisted Living Operator Genesis Warns of Possible Bankruptcy

Genesis HealthCare’s (NYSE: GEN) future as a going concern is in “substantial doubt” as a result of financial and operational strains stemming from the coronavirus pandemic — pressures that were brought into stark relief in its second quarter of 2020 earnings. The company’s portfolio of 361 facilities is dominated by skilled nursing but includes 23 […]

Eli Lilly Launches Covid-19 Antibody Treatment Trial in Assisted Living, Long-Term Care

Pharmaceutical giant Eli Lilly (NYSE: LLY) on Monday launched a late-stage clinical trial in long-term care facilities for its Covid-19 antibody treatment. The Phase 3 trial, dubbed BLAZE-2, is being conducted in partnership with the National Institute of Allergy and Infectious Diseases (NIAID), and will enroll up to 2,400 residents and staff at nursing homes […]

AHCA/NCAL Pushes Government for $5 Billion in Assisted Living Covid-19 Aid

The American Health Care Association/National Center for Assisted Living (AHCA/NCAL) is seeking $5 billion from the federal government to aid assisted living communities as they grapple with Covid-19. The industry association asked the U.S. Department of Health & Human Services (HHS) for the funding relief to help support the senior living industry’s outsized testing, supply […]

New CMS Guidance Can Help Assisted Living Buildings Re-Open, Testing an Issue

On Monday, the Centers for Medicare & Medicaid Services (CMS) issued guidance to ensure that nursing homes have safe re-opening plans as states prepare to relax lockdowns stemming from the coronavirus pandemic. The guidance includes benchmarks that may be adopted by independent living and assisted living communities transitioning from their own access restrictions. But it […]