Covid-19 booster shots are on the horizon, and senior living providers are moving ahead with planning clinics for residents and staff while awaiting greater clarity from government regulatory agencies. Some industry providers have moved with urgency in recent weeks to schedule their first Covid-19 vaccine booster shot clinics, even as the U.S. Food and Drug […]
“Our business is forever changed.” Those are the words of John Rijos, whose perspective is informed by decades of leadership in the senior living industry. Having been co-president of Brookdale Senior Living prior to its merger with Emeritus Corp., Rijos went on to co-found investment firm Chicago Pacific Founders (CPF). He also is chairman and […]
The senior living industry is still recovering from Covid-19 — but that doesn’t mean that the trend toward wellness-focused operational models has halted. In fact, providers can and should build effective wellness programs in the midst of those challenges. Having executive leaders dedicated to wellness can help, as demonstrated by Vi and Arrow Senior Living. […]
Residents of long-term care facilities will be the first to receive additional Covid-19 booster vaccinations, after the Biden administration announced Wednesday that a third shot is needed to fight off waning immunity in fully vaccinated people. The Biden administration is also set to mandate vaccinations among nursing home staff as a condition to continue receiving […]
Earlier this year as the first vaccines flowed into senior living communities, it seemed as though the lockdowns and restrictions of 2020 were soon to be a distant memory. Now, a new and significantly more infectious strain of coronavirus dubbed the delta variant threatens to derail some of that progress, and the industry is monitoring […]
Recent data showed senior living occupancy remained flat in the second quarter of 2021, prompting renewed doubts about the pace of Covid-19 recovery. With this as the backdrop, providers are hoping that Q3 2021 will result in a seasonal occupancy uptick, and then some — but that result is uncertain. There is reason for some […]
The Covid-19 pandemic has had a profound impact on the senior living industry, and leaders in the sector are still processing the lessons they have learned and the changes that the pandemic has wrought. In an effort to understand where the senior living sector might be headed next, global talent management firm Ferguson Partners during […]
The pressures of the Covid-19 pandemic have led to many changes in the way senior living communities are operated — but it has not led to radical new ways communities are valued. That came as a surprise to Morgin Morris, senior vice president at KeyBank. “This equation — the way that bankers and equity investors […]
The number of assisted living residents who died in 2020 was “significantly higher” than the number of residents who died in 2019, and Covid-19 is the likeliest reason as to why. That’s according to a new study from researchers at Brown University and the University of North Carolina. The study’s results, published this week in […]
Demand is returning to senior housing at a rate that Debra Cafaro, chairman, president and CEO of Ventas (NYSE: VTR), did not anticipate. “We’ve been very surprised [at] the upside [of] the demand that has already manifested itself so close on the heels of the vaccine,” Cafaro said during a presentation at the Nareit REITweek: […]
