SOUTHBRIDGE, MEDFORD and AUBURN, Mass. — Let’s Pave, a pavement management company, has completed its Road to Recovery initiative by delivering supplies and gift cards to nursing homes and other frontline workers throughout Massachusetts. CEO C.B. Kuzlik personally made the 35-hour round trip from the company’s Chicago-area headquarters to deliver the supplies. Recipients were Harrington Hospital in Southbridge, Glen Ridge Nursing Care in Medford, Courtyard Nursing Care Center in Medford, and Auburn Youth and Family Services in Auburn. The company raised more than $40,000 for healthcare and senior living workers, …
coronavirus
BONITA SPRINGS, Fla. — Discovery Senior Living, an operator based in Bonita Springs with 62 communities in 14 states, has started a national program of targeted COVID-19 testing in its communities. The company is using a combination of rapid and swab testing. Encompassing current and incoming residents, as well as team members, the program represents the latest expansion of Discovery’s COVID-19 early identification and containment protocols. The company began its testing in its Florida-based communities and has continually expanded throughout the remaining states in which it operates. The testing will …
CHICAGO — Despite the economic devastation caused by the COVID-19 outbreak in the United States, 86 percent of investors are still seeking opportunities to acquire seniors housing properties, according to a survey conducted by Heavenrich & Co. The Chicago-based seniors housing investment brokerage conducted the survey from April 15 to April 20, contacting 448 owners, operators and investors throughout the United States. Not only are investors still interested in buying, many are looking to pick up their acquisition pace. More than half of respondents expect to spend the same or …
The U.S. Department of Housing and Urban Development (HUD) is offering borrowers in the seniors housing space some assistance in response to the financial challenges caused by the COVID-19 virus that has claimed the lives of over 58,000 Americans so far. More specifically, borrowers in the HUD/FHA Section 232 mortgage insurance program can take advantage of a series of four benefits designed to address their obligations to HUD and to take care of their residents. The provisions allow eligible borrowers to: suspend monthly deposits to be placed for replacement reserve …
BEND, Ore. — Sunshine Retirement Living, a Bend-based operator with 32 communities in 16 states, now offers FDA-approved “Respira-ID” testing for COVID-19 at all its properties. Residents and employees that are exhibiting symptoms will now all be tested, as well as any new residents moving in regardless of symptoms. Produced by Vikor Scientific, Respira-ID tests for over 40 pathogens known to cause respiratory illness including COVID-19. The manufacturer will provide in-depth virtual training to the community nursing staff, which will administer the tests and oversee the shipment of samples for …
SARASOTA, Fla. — More than two-thirds of seniors housing companies are reporting having at least one acquisition deal fall through as a result of the chaos caused by the COVID-19 pandemic. The information comes from a survey conducted by HealthTrust, a Sarasota-based valuations and advisory firm serving the seniors housing and healthcare industries. Although the number of respondents was not disclosed, the types of companies represented were largely brokers, lenders, operators and REITs. Of those respondents, 69 percent reported experiencing at least one deal fall through. Transactions are undergoing major …
WASHINGTON, D.C. — Argentum, a D.C.-based organization representing seniors housing operators, has weighed in on the $484 billion aid package passed on Friday. The bill provides further relief for Americans and businesses suffering from the economic impact of the COVID-19 pandemic. “We are pleased to see the additional funding in the interim aid package, which included an additional $75 billion for the Public Health and Social Services Emergency Fund (PHSSEF) and an additional $25 billion to the Department of Health and Human Services (HHS) for COVID-related expenses,” says James Balda, …
LEMONT, Ill. — Englewood Construction, a builder based in the Chicago suburb of Lemont, has donated 100 gallons of hand sanitizer and 100 gallons of surface sanitizer to a senior living client that was experiencing shortages of the critical items across its network of facilities due to the COVID-19 pandemic. “Our ongoing renovation and remodeling projects at senior living communities have paused as operators limit facility access to essential staff, but we have remained in close communication with those clients to make sure we are continuing to be of assistance …
How you can help staff streamline external communication efforts during COVID-19. By Michael Eidsaune, CEO, Carely It’s been more than five weeks since family members have been able to visit their loved ones in senior living facilities due to coronavirus, creating a sense of helplessness and worry among spouses, children and other loved ones. Quality relationships are just as important as quality care, but fielding phone calls from each member of the family not only takes precious time, but also takes time away from the residents themselves. It’s a hard …
WASHINGTON, D.C. — The American Health Care Association and National Center for Assisted Living (AHCA/NCAL), D.C.-based organizations representing more than 14,000 nursing homes, assisted living communities and other long-term care facilities, are pushing for widespread COVID-19 testing across the seniors housing industry. Dr. Deborah Birx, White House coronavirus task force coordinator, recently laid out steps to prioritize long-term care facilities when it comes to virus testing. Mark Parkinson, president and CEO of AHCA and NCAL, issued a statement in response. “We’re hearing from our nursing homes and assisted living communities …