News

Making Seniors Comfortable With Telehealth Will Be A Goal For Healthcare In 2021

December 29, 2020, Jeff Lagasse, Healthcare Finance - Telehealth has played a critical role in healthcare delivery during the COVID-19 pandemic, and this is especially true for older Americans.  Given the numerous restrictions and guidelines that have been enacted to help slow the spread…

HUD Publishes 2020 Map Guide

December 23, 2020, Federal Agency News - HUD published its updated 2020 Multifamily Accelerated Processing (MAP) Guide, which becomes effective January 21, 2021.  In addition to some reorganization…

Why You Shouldn’t Fret About Rising Apartment Vacancies

December 21, 2020, Kelsi Borland, GlobeSt.com - National apartment vacancy rates are rising, but a new multifamily report from Moody’s Analytics REIS says that the higher rate isn’t a concern.  This year, the multifamily vacancy rates increased 30 basis points…

U.S. COVID-19 Vaccination Drive Heads To Nursing Homes

December 21, 2020, Carl O'Donnell, Reuters - The U.S. government and two of the nation’s largest pharmacy chains kick off a nationwide campaign to vaccinate nursing home residents against COVID-19 on Monday, a week after the first vaccines…

From The Wild West To Lockdowns: The Quotes That Defined 2020 In Skilled Nursing

December 18, 2020, Maggie Flynn, Skilled Nursing News - There’s no easy way to look back over 2020 in the skilled nursing sector.  That’s both in the sense of the devastation wrought by the COVID-19 pandemic, and in the sense of trying to review it in a way that would make…

On Top Of A Pandemic And PDPM Shifts, 9% Part B Cut Could Threaten Therapy Access In Nursing Homes

December 18, 2020, Lisa Gillespie, Skilled Nursing News - Starting New Year’s Day, payment rates for occupational, speech, and physical therapy for Medicare Part B will…

Citing Tenant Needs, LTC Properties Cuts Rent Escalators In Half For 2021

December 17, 2020, Alex Spanko, Skilled Nursing News - Skilled nursing and senior living landlord LTC Properties (NYSE: LTC) will reduce rent escalators for its tenants by 50% in 2021, the real estate investment…

HHS Releases $1.1B More In Direct Aid To Nursing Homes In Phase 3 Relief Expansion

December 16, 2020, Alex Spanko, Skilled Nursing News - The federal government on Wednesday announced an expansion of the third phase of COVID-19 relief for health care providers, specifically releasing an extra $1.1 billion to nursing homes.  The Department of Health and Human Services (HHS)…

As Skilled Nursing Lease Coverages Stabilize, Many Operators Can Meet Rent Without More Stimulus: Fitch

December 14, 2020, Alex Spanko, Skilled Nursing News - Despite grim numbers around COVID-19 rates and cratering occupancy in skilled nursing facilities, a variety of factors conspired to improve top operators’ lease coverage in the third quarter of 2020 — with a tentatively brighter outlook…

Promises, Questions Abound As Azar Floats Christmas Vaccination Target For Nursing Home Residents

December 14, 2020, Maggie Flynn, Skilled Nursing News - The emergency use authorization (EUA) granted to Pfizer’s (NYSE: PFE) COVID-19 vaccine late on Friday launched a flurry of promises and commitments…