A number of big landlords are offering rent relief to senior housing operators, the latest sign of trouble for owners in an industry that was struggling even before the new coronavirus pandemic. Ventas Inc., one of the country’s largest owners of senior housing, is offering businesses that operate about one-fifth of its portfolio a 25%… Continue reading Coronavirus Lands Another Blow to Senior Housing Operators
Tag: caregivers
Coronavirus Upends Senior-Housing Business
The coronavirus has been sending shares of elder-care facilities into a tailspin over concern that any additional contagion in senior-care buildings could hurt operations and lead to occupancy declines. In the Seattle area, 11 elder-care facilities have reported that Covid-19 has turned up among residents or workers. Analysts and investors are concerned that potential new… Continue reading Coronavirus Upends Senior-Housing Business
WTW Launches a Safe Resident Moving Program Aimed at Reducing Accidents at Senior Living Communities
Willis Towers Watson, a leading global advisory, broking and solutions company, today launched the Safe Resident Moving and Positioning Program, that provides guidance for nurses and caregivers working in senior living communities – with an emphasis on moving and positioning their residents. The program includes methods for determining the amount and type of assistance a… Continue reading WTW Launches a Safe Resident Moving Program Aimed at Reducing Accidents at Senior Living Communities