4 Ways a Biden Administration Could Affect Senior Housing Businesses

Senior housing investors and operators can anticipate several changes that will affect the industry as a result of the 2020 U.S. elections. Democratic President-Elect Joe Biden has floated proposals including a major investment in home care, changes to real estate programs and policies, and pledges related to the caregiver workforce. The incoming administration also may […]

Whoever Wins Presidency, Federal Oversight of Assisted Living a Strong Concern

With the U.S. Presidential election still up in the air on Wednesday, the future direction of public policies that would affect senior living remained uncertain. But regardless of who ultimately wins the White House, tighter federal oversight and regulation of the industry appears likely. “In the months and years to come, we anticipate additional scrutiny […]

HHS to Include Independent Living, CCRCs in Walgreens/CVS Vaccine Effort

Operators of standalone independent living communities, blended independent living/assisted living communities and continuing care retirement communities (CCRCs) are eligible to receive Covid-19 vaccines under the new distribution initiative between the U.S. government and major retailers Walgreens (Nasdaq: WBA) and CVS Health (NYSE: CVS). Under the government’s plan — which is called the Pharmacy Partnership for […]

Assisted Living Providers Confused, Concerned About Retaining Federal Relief Funds

Assisted living providers are concerned about their ability to retain federal relief funds due to changes in reporting requirements, and industry associations are urging the Department of Health and Human Services (HHS) to address the situation. Argentum and the American Seniors Housing Association on Monday sent a joint letter to HHS Secretary Alex Azar regarding […]

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 […]

HHS Opens More Relief Funding for Assisted Living Providers

Assisted living providers will have an opportunity to receive additional federal funds to help offset the financial impacts of Covid-19. The Department of Health & Human Services (HHS) on Thursday announced the next phase of funding from the Provider Relief Fund. The funding includes $20 billion in aid for providers on the front lines of […]

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 […]