Capital Senior Living (NYSE: CSU) President and CEO Kim Lody is optimistic that a recovery from the pandemic is soon at hand, as the operator’s leads, tours and move-ins are moving closer to pre-pandemic levels. The company has pared down its senior housing portfolio from 129 communities to 68 communities that, historically, have been the […]
Category: Covid-19
Senior living providers across the United States have begun relaxing their visitation policies in recent weeks, as Covid-19 vaccination has brought down the risk of infections. Now, the Centers for Medicare & Medicaid Services (CMS) has relaxed its guidance governing visitation in nursing homes, further accelerating a return to more normal operating procedures in senior […]
Brookdale Senior Living (NYSE: BKD) CEO Cindy Baier is feeling optimistic about the company’s pandemic recovery in 2021 as move-ins and leads continue to increase and Covid-19 case counts plummet. The Brentwood, Tennessee-based operator has seen a 95% reduction in the number of Covid-19 cases within its portfolio since December, when national cases were near […]
As vaccination rates increase, Covid-19 infections decline, occupancy loss slows and lead generation picks up, Welltower CEO Shankh Mitra is becoming more optimistic about the potential timing of a bounceback in senior housing. Mitra resisted predicting when senior housing occupancy would hit a bottom during the recent Q4 2020 earnings call for the Toledo, Ohio-based […]
With the senior living industry largely focused on when occupancy will start to recover, chief operating officers with provider companies are focused on rebuilding census — and feeling optimistic about the prospects for 2021. In fact, several COOs indicated that they are less worried about restoring occupancy than they are about looming workforce challenges. With […]
The Alzheimer’s Association recently released a report that found patients with dementia were more likely to contract Covid-19 than their healthier counterparts. It’s a reality known all too well by memory care providers, which had endured several years of headwinds before the pandemic forced them to confront even more harrowing challenges. Now, they are trying […]
As senior living providers are hitting critical mass in their Covid-19 vaccination efforts, they are taking a big step toward normalcy by resuming more regular visitations. As Covid-19 swept across the United States last spring, senior living communities shut their doors to almost all visitors — including residents’ family members. In the ensuing months, isolation […]
Sabra Health Care REIT’s (Nasdaq: SBRA) partner in its Enlivant joint venture, private equity firm TPG, wants a resolution to the partnership before the end of the year. But the Irvine, California-based health care real estate investment trust (REIT) is not going to rush into an agreement, CEO Rick Matros said Tuesday during Sabra’s Q4 […]
The most recent wave of Covid-19 infections across the U.S. had a deleterious impact on Ventas’ (NYSE: VTR) occupancy for its senior housing operating portfolio (SHOP) communities in the fourth quarter of 2020. And the trend is expected to continue through the first quarter of the new year. The dropoff was tempered, however, by two […]
When the first doses of the Covid-19 vaccine arrived in senior living communities late last year, residents rolled up their sleeves with gusto. But the same was not true for the industry’s workers. And that has not changed in the roughly two months since then, according to a recent National Investment Center for Seniors Housing […]
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