News

Skilled Nursing Investors Hold On, Despite Pandemic

January 27, 2021, Bendix Anderson - The sector is evolving in response to the COVID-19 crisis and long-term demographic trends still favor seniors housing overall.  Investors still believe in skilled nursing properties - even though many beds are empty at nursing homes because of the coronavirus…

SNN Poll: Nursing Home Providers Split On Post-Vaccine Visitation Plans

January 24, 2021, Alex Spanko, Skilled Nursing News - After the physical health and safety of residents and workers, the prospect of normal visitation looms as the top promise of a smooth rollout of COVID-19 vaccines to the nation’s nursing homes.  But operators will likely not make any moves…

Senior Living Centers’ New Sales Pitch: Sign Lease, Get Vaccine

January 22, 2021, Bloomberg - The Covid-19 pandemic has sent occupancy rates at senior-living facilities plummeting.  Now one operator is dangling access to vaccines in a bid to fill vacant units.  Atria Senior Living Inc., which has more than 150 assisted-living properties in more than 25…

Inside Consulate’s Vaccine Strategy: Town Halls, Word Of Mouth, And Optimism At A Nursing Home Giant

January 21, 2021, Maggie Flynn, Skilled Nursing News - As vaccine rollouts continue at long-term care facilities, Consulate Health Care has found staff word-of-mouth critical to getting more uptake along the front lines.  And like other operators, it’s seeing significant…

Skilled Nursing Continues To Outpace Senior Living In Near-Term Investment Outlook

January 19, 2021, Alex Spanko, Skilled Nursing News - With a combination of strong federal relief and a seemingly safe place in the wider health care continuum, skilled nursing facilities have repeatedly emerged as bright spots in an otherwise hazy financial outlook for players in the senior…

Genesis’s LTC ACO Inks Deal With Third Eye To Expand Telehealth In Nursing Homes — Free Of Charge

January 19, 2021, Alex Spanko, Skilled Nursing News - An accountable care organization (ACO) backed by one of the nation’s largest nursing home providers on Tuesday announced a deal to expand telehealth services to its members in a push to cut hospitalizations and boost clinical coverage…

HHS Delays Provider Relief Fund Reporting Requirements

January 15, 2021, Alex Spanko, Skilled Nursing News - The federal government on Friday issued a formal delay of its reporting requirements for health care providers that received COVID-19 financial relief.  The Department of Health and Human Services (HHS) had originally set January 15 as…

Watercrest Expands Into Virginia

January 15, 2021, Ben Swett, The SeniorCare Investor -Watercrest Senior Living Group announced the groundbreaking of its first seniors housing community in the state of Virginia.  This will also be the furthest north development in Watercrest’s portfolio,…

States Across Country Log Record COVID-19 Cases In LTC, With Deadliest Months Potentially Yet To Come

January 14, 2021, Maggie Flynn, Skilled Nursing News - Several states reported the highest average weekly number of new COVID-19 cases in long-term care facilities in November or December, Kaiser Family Foundation reported, and several reported the highest average weekly number of new COVID-19…

Affordable Housing Collections Rebound In December

January 14, 2021, Les Shaver, GlobeSt.com - Even though money from the recent stimulus hadn’t yet reached the economy, rates of collections in affordable and public housing were high in December, according to MRI Software.  MRI says collections for public housing reached 97%…