“We won’t go back to the way we were. The new normal will not be the old normal.” These words were spoken last week by Beth Mace, chief economist at the National Investment Center for Seniors Housing & Care (NIC). But, it was a sentiment that many people have been expressing over the past month, […]
The Covid-19 pandemic has accelerated the integration of senior living communities within the broader U.S. health care system, which has opened new business opportunities but also increases the likelihood of federal regulations for assisted living. “I think it’s inevitable that we’re going to start to see a regulatory framework at the federal level,” Anne Tumlinson, […]
The Department of Health and Human Services (HHS) is working through issues that are delaying the distribution of government relief funds to some assisted living providers, according to the American Seniors Housing Association (ASHA). In September, HHS announced that private-pay assisted living providers would be able to tap into Provider Relief Funds, receiving up to […]
Assisted living providers will have an opportunity to receive additional federal funds to help offset the financial impacts of Covid-19. The Department of Health & Human Services (HHS) on Thursday announced the next phase of funding from the Provider Relief Fund. The funding includes $20 billion in aid for providers on the front lines of […]
The federal government likely will make more funds available to assisted living providers soon, although it is unclear how much will be directed to the industry, and further help is needed given an estimated $17 billion financial impact that Covid-19 is set to exact on the senior living industry. This is the message from the […]
Assisted living communities tend to have more Covid-19 cases if they serve older residents, people with certain diagnoses, or a larger proportion of people from minority demographic groups. These are among the findings from researchers out of the University of Rochester, who analyzed seven states’ publicly available data on Covid-19 infections in assisted living. The […]
Last week, California Governor Gavin Newsom signed legislation extending protections for renters from evictions due to financial hardship stemming from the Covid-19 pandemic through January 31, 2021. It may be too early to determine what the law means for residents of senior housing communities across the Golden State, but communities and residents in private-pay senior […]
Private-pay assisted living providers now have the ability to apply for funding under the Provider Relief Fund Phase 2 General Distribution allocation, the U.S. Department of Health and Human Services (HHS) announced Tuesday. The announcement comes about two weeks after the federal agency told the American Seniors Housing Association (ASHA) during a call that relief […]
In response to Covid-19, some assisted living providers around the United States are reevaluating their health care offerings and taking steps to increase their clinical capabilities. As the senior living value proposition shifts toward health care, regulations may need to change to keep up. Massachusetts is a prime case in point. There, Covid-19 created a […]
A dramatic increase in business for a new startup, Cohana, suggests just how much Covid-19 has fueled interest in small home-style senior living. Based in Miramar, Florida — in the Miami/Ft. Lauderdale metro area — Cohana was founded in September 2019 by the husband and wife team of David and Jennifer Phillip. In addition to […]