As disruptive as the last three years have been for the senior living industry, the Covid-19 pandemic does not appear to have substantially changed where older adults move or the rate at which they do so. That’s according to a new American Seniors Housing Association (ASHA) brief released this month that examined data from the […]
Category: Covid-19
(Update: A judge dismissed these charges in October, 2023. Read that story on Senior Housing News’ sister publication, Memory Care Business.) Prosecutors in Los Angeles have announced charges against Silverado CEO Loren Shook and two other company leaders in connection with a Covid-19 outbreak associated with the death of 14 people at a community in […]
The National Investment Center for Seniors Housing & Care (NIC) is forging ahead, going deeper on data than ever before and introducing new educational and research initiatives amid a “great transformation” underway in the senior living industry, NIC President and CEO Ray Braun said Wednesday at the organization’s spring conference in San Diego. “We need […]
Average senior living occupancy is steadily on the rise, and looking ahead, industry investors expect that trend will continue. Just over three-quarters of investors, 80%, believe that occupancy will rise by at least 2.5 percentage points in the coming 12 months, according to the most recent investor sentiment survey from Wealth Management Real Estate (WMRE) […]
April 22, 2020 was a life-changing day for Merrill Gardens President Tana Gall. Gall was in a committee meeting with a handful of other company leaders when they got the news that 61 residents had tested positive for Covid-19. While Gall was used to playing the part of the unflappable senior living leader, this was […]
The senior living industry should be exempt from a proposed federal rule aimed at protecting health care workers from exposure to Covid-19, according to Argentum CEO James Balda. At the root of the issue is a U.S. Occupational Safety and Health Administration (OSHA) interim final rule establishing an emergency temporary standard (ETS) to “protect health […]
Companies in the senior housing space are gearing up to give residents a second Covid-19 vaccine booster following new approvals from the FDA and CDC Tuesday. Both the U.S. Food and Drug Administration (FDA) and Centers for Disease Control & Prevention (CDC) signed off on a second booster dose of an mRNA vaccine, such as […]
The Covid-19 pandemic is still putting pressure on every facet of senior living operators, particularly as it relates to staffing, occupancy, and expenses. Technology is helping to fill the gap. Across the industry, senior living operators are exploring robotics and software systems aimed at boosting efficiency and helping workers spend more time with residents. Operators […]
Despite challenges posed by the omicron coronavirus variant, senior living sales and marketing executives see signs that consumer demand is holding firm. Giving them confidence is the fact that inquiries from prospective residents are rising after a slowdown in the fourth quarter of 2021 and early into 2022. The Des Moines, Iowa-based company is on […]
While occupancy is trending in the right direction — and demand seems to be holding in the midst of the latest Covid-19 surge — senior living providers appear to be in for another tough year of working toward a recovery. Still, the finance and investment outlook for the sector continues to brighten. “I would say […]