Senior Housing | Skilled Nursing
By: NIC | April 10, 2020
The sixth edition of the NIC Investment Guide: Investing in Seniors Housing & Care is scheduled to publish in fall 2020. We invite your organization to submit photos of seniors housing and nursing care properties to be featured within this publication.
Economic Trends | Senior Housing | Workforce
By: Beth Mace | April 09, 2020
The Department of Labor reported that 6,606,000 Americans filed for unemployment insurance benefits in the week ending April 4, 2020 as the COVID-19 pandemic caused businesses to reduce or furlough their workforces. This was a very slight decline of 261,000 from the previous week’s upwardly revised record high level of 6,868,000. The speed and scale of the job losses is unprecedented. In the past three weeks, more than 16 million people have filed claims. At its worse during the Great Recession, there were 665,000 first-time claims filed in the week ended March 28, 2009. That was second only to the week ended October 2, 1982, when 695,000 first-time claims were filed.
Regulatory Environment | Senior Housing | Skilled Nursing
By: Bill Kauffman | April 07, 2020
The Centers for Medicare and Medicaid Services (CMS) have taken numerous actions in response to the coronavirus pandemic. This blog is intended to capture the latest announcements from CMS. For prior CMS summaries please click here. The following are the latest summaries and links to CMS for further details.
COVID-19 | Senior Housing | Skilled Nursing | healthcare
By: Ryan Brooks | April 06, 2020
Last week, the United States claimed the top spot in known coronavirus cases. States across the country are issuing guidelines to stay at home; an increasing number are mandating a social distancing strategy with shelter in place orders. Seniors housing operators are cancelling all non-essential group activities and events. Essential activities like meals are being staggered to minimize contact with multiple staff members and other residents.