Phoenix Senior Living will begin providing care for people who in normal circumstances would be hospitalized, to help overburdened hospitals in Atlanta maintain capacity for the most critically ill patients during the Covid-19 pandemic. Roswell, Georgia-based Phoenix operates 19 communities in its home state, with the majority of those buildings in and around Atlanta. Initially, […]
Category: Covid-19
The Covid-19 pandemic has exposed how much the senior care industry lags in embracing technology for workforces and residents, and now providers are sprinting to implement solutions. As a result, technology providers are clocking huge surges in demand, with telehealth solutions and resident engagement/communication tools among the most sought-after products. This marks a jaw-dropping development […]
The Covid-19 pandemic has forced a Nebraska assisted living facility operated by Enlivant to evacuate its residents to other homes and undergo a full-scale disinfection process. A similar situation played out in New Jersey, raising the prospect that temporary facility closures will be among the Covid-19 effects that senior living providers must cope with. The […]
Hospitals across the United States are taking urgent steps to free up beds for people with Covid-19. The result could be a cascade of patients through the health care continuum, which would ultimately drive move-ins to assisted living communities and could disrupt their business model in potentially lasting ways. The scenario taking shape is that […]
The Covid-19 pandemic has disrupted just about every facet of senior living operations — including when to allow admission of new residents and how that process is handled. On one hand, senior living providers must maintain occupancy levels to keep revenue flowing, and that means admitting new residents. Particularly in assisted living and memory care, […]
Capital Senior Living (NYSE: CSU) watched hopefully as its turnaround strategy gained momentum in the fourth quarter of 2019 and first quarter of 2020. Then the process ran into the obstacle that is the Covid-19 pandemic. The Dallas-based operator’s leadership team believes, however, that the hard work put into the turnaround allowed the company to […]
A provision within the newly passed $2 trillion CARES Act stimulus package could open up the floodgates and provide small businesses across the country with a cash infusion — and the senior living industry stands to benefit if it acts quickly. The $350 billion provision, dubbed the paycheck protection program (PPP), is meant to help […]
Senior living providers nationwide have been working diligently to prevent Covid-19 infections in their buildings — but an overwhelming majority believe that the coronavirus will appear in their communities. Nearly 80% of respondents to a Senior Housing News survey said that Covid-19 is likely to appear in their buildings that have not yet had diagnosed […]
Of all the challenges senior living providers face during Covid-19, maintaining frontline staffing levels is one of the hardest and most expensive to address. The issue has many facets. The first is that, in looking after an at-risk population of older adults, senior living caregivers are also at an elevated risk for contracting Covid-19. In […]
The senior housing industry is facing steep challenges that shift each day as the Covid-19 pandemic spreads and the nation’s response evolves. In this dynamic environment, making predictions could be a fool’s errand, yet owners, operators and investors are seeking some basis around which to craft strategies. With this in mind, here are three scenarios […]