Covid-19 Bulletin: Rent Concessions, Agency Staffing Become More Common; Updated Heroes Act Does Not Fund ‘Hero Pay’

Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be periodically updating this bulletin to keep you apprised of developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and your […]

Nonprofit Senior Living Model of the Future Emerges As Providers Expand, Diversify

While for-profit senior living providers are still expanding at a much more rapid pace, nonprofits are continuing to gain scale and sophistication in the midst of Covid-19, and are strategizing about how best to compete and command market share coming out of the pandemic. The “optimum” nonprofit senior living system of the future likely will […]

HHS Sending Second Wave of Covid-19 Rapid Tests to Assisted Living Providers

The Department of Health and Human Services (HHS) is ramping up its Covid-19 testing support network, and senior living is included. To date, HHS sent out 541,000 Covid-19 rapid antigen tests to 5,500 assisted living facilities across the country with a Clinical Laboratory Improvement Amendment (CLIA) certificate of waiver. Another 2.6 million tests are being […]

4 Ways Covid-19 Could Permanently Change Senior Living Operations

Covid-19 is giving health systems a better appreciation for senior living’s position as a part of the health care continuum, and for the fact that operators can provide social determinants of health to keep overall costs down for hospitals and acute care settings. Providers are also forging bonds with local public health departments they overlooked […]

Senior Living Providers Have Little Room for Error As Margins Shrink

In the past six months, many U.S. senior living providers have watched their revenues dry up as their expenses skyrocket. But that doesn’t mean there aren’t tools available for them, either. On the expenses side, there are avenues for controlling costs in the budget even as testing, personal protective equipment (PPE) and labor costs become […]

REIT Leaders Say Senior Living Must Start To Evolve Faster

The details of what a post-coronavirus senior living landscape resembles remain cloudy, but the pandemic laid bare the need for the space to evolve faster than it has been. This is according to executives from real estate investment trusts National Health Investors (NYSE: NHI), Ventas (NYSE: VTR), and ReNew REIT, who shared their industry prognoses […]

Resident Engagement Becomes Bigger Team Effort For Senior Living Providers

Rethinking resident engagement in senior living is a hot button topic during Covid-19. A lack of interaction in communities under lockdowns can lead to isolation, which can result in worse health outcomes for residents. But rethinking engagement in the Covid-19 era extends beyond resident wellness. Everyone in a resident’s orbit – families, frontline workers and […]

How Brookdale, Discovery, Senior Star and Ascension are Meeting the Pandemic ‘Inflection Point’

Covid-19 has changed the state of play, but that doesn’t mean other long-term forces have stopped shaping the senior living industry. In addition to a deadly pandemic, senior living providers must also contend with the evolving preferences of the baby boomers, along with the lingering effects of recent supply-demand imbalances in markets across the country […]