One thing is certain as the coronavirus pandemic enters its sixth month in the U.S.: Covid-19 is not going away. “We are going to have to live with Covid-19 in the world,” Brookdale Senior Living (NYSE: BKD) CEO Cindy Baier told Senior Housing News. And, in many regards, the senior living industry is in fact […]
A surge of Covid-19 cases in locations across the United States is putting pressure on senior living providers that are eager to pivot to a “next normal” after months of strict protocols. Nearly four months after the virus spread quickly across the country, confirmed Covid-19 cases are rising in 40 states, and new hotspots have […]
The Covid-19 pandemic has created new risks for providers of Medicare Advantage (MA) plans — but those plans are also proving their value and may still be a major future component of senior living. That’s the message from some of the most prominent players that have been pushing for increased MA integration in senior living […]
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The senior living industry needs more resources in its fight against Covid-19 — and is having to fight hard for that help. Ohio Living CEO Larry Gumina learned that lesson firsthand as he struggled to procure personal protective equipment (PPE) for his organization earlier this month. While Ohio Living did eventually procure much-needed PPE, Gumina […]
Efforts are underway all across the U.S. to test senior living residents for Covid-19 — but until tests are more widely available and produce results more quickly, providers are hamstrung in their ability to keep residents and staff members safe from infection. There is a growing pile of evidence showing that the disease is contagious […]
The senior living industry deserves more in its efforts to stop the spread of Covid-19 — and yet, crucial resources and recognition are often in short supply. Take Columbus, Ohio-based Ohio Living as an example. CEO Larry Gumina wrote a fiery opinion piece last month in which he wrote he was “frustrated and angry” that […]
Bellwether Enterprise provides $36.3M financing for Kentucky Development Bellwether Enterprise Real Estate Capital Executive Vice President John Powell originated a $36.3 million permanent loan through Fannie Mae’s seniors housing program for the refinancing of Legacy Reserve at Fritz Farm, a senior housing community in Lexington, Kentucky featuring 144 independent living, 33 assisted living and 15 […]
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 […]
Although the senior living industry is taking a cautious approach to embracing Medicare Advantage, Ohio Living CFO Bob Stillman believes that the program will lead to a seismic shift in care and payments. “I don’t think there will be straight reimbursed Medicare a decade from now,” he told Senior Housing News. Columbus-based Ohio Living operates […]