Transform Podcast #42: John Atkinson of Willis Towers Watson

The senior living and long term care insurance marketplace has been hardening significantly over the last few years, and 2021 will continue to see deepening rate increases, capacity shortages and coverage retrenchments. That’s according to the latest Willis Towers Watson marketplace realities report for senior living and long-term care. On this episode of Transform, Willis […]

Willis Towers Watson’s Atkinson: Senior Living Faces Insurance Rate Increases, Capacity Shortages

Even before Covid-19 struck the United States, senior living providers faced challenges related to a hardening insurance market. The pandemic has only added further pressures, and senior living operators are facing rate increases, capacity shortages and coverage retrenchments in 2021. That’s according to the recent Willis Towers Watson Marketplace Realities report for senior living and […]

Transform Podcast #36: Tara Clayton of Willis Towers Watson

COVID-19 has made risk management more critical for senior living operators — but, those challenges that existed prior to the pandemic have not gone away. Arbitration agreements, fall reduction and response, communication and documentation practices, and early claim resolution are among the “Risk Management 101” topics that Tara Clayton, Senior Claim Consultant at Willis Towers […]

Facing New Threats, Senior Living Providers Must Ace These Risk Management 101 Practices

Since the rise of the Covid-19 pandemic in the spring of 2020, senior living providers have understandably been focused on risks related to the coronavirus. But, existing issues have not gone away, and providers are well-advised to make sure they are acing “risk management 101” in this new and challenging operating environment. That’s a key […]

Voices: Rhonda DeMeno, Director of Clinical Risk Services-Senior Living Center of Excellence, Willis Towers Watson

This article is sponsored by Willis Towers Watson. In this Voices interview, Senior Housing News sits down with Director of Clinical Risk Services-Senior Living Center of Excellence Rhonda DeMeno to learn how senior living operators are planning their reopening strategies, managing risk stratification during this process and planning their budgets for 2021.– In December, you […]

Voices: Tara Clayton, Senior Claims Consultant, Willis Towers Watson

This article is sponsored by Willis Towers Watson. In this Voices interview, Senior Housing News sits down with Willis Towers Watson Senior Claims Consultant Tara Clayton to learn how the federal PREP Act may pertain to senior housing during COVID-19, areas to be aware of when reading a governor’s coronavirus-related executive order or state legislation […]

Transactions & Financings: Aon’s $30B Willis Towers Watson Merger; Ventas Closes $700M Perpetual Life Vehicle

Ventas closes $700M perpetual life vehicle Ventas (NYSE: VTR) closed its new life science and health care real estate fund, a perpetual life vehicle that focuses on investments in North American core and core plus life science, medical office and senior housing real estate. The fund has more than $700 million in assets under management […]

Senior Living Providers Must Keep All Options Open in Covid-19 Fight

When it comes to keeping the coronavirus out of a senior living community, providers should be willing to take drastic measures — and they should be thinking about them right now. In some instances where outbreaks are particularly severe, that may include temporarily stopping tours, freezing new admissions and visits, isolating some residents, halting congregate […]

Senior Living Faces Aggressive Litigation, Rising Insurance Costs in 2020

Rising insurance costs and expensive claims continued to plague the senior care industry in 2019, and relief does not appear to be in sight. In 2020, senior living providers will continue to face rising insurance costs due to an elevated risk environment driven in large part by attorneys targeting vulnerable operators in markets favorable to […]