New University of Chicago Study Shows Nearly Two-Thirds of Assisted Living Facilities Reported No COVID-Related Deaths
June 3, 2021
New research unveiled today by NORC at the University of Chicago found that nearly two-thirds of assisted living facilities reported no deaths from COVID-19 in 2020. The study calculates that average adjusted death rates from COVID-19 in assisted living was 19.3 per 1,000 residents.
New Research Shows Nation’s Senior Living Facilities Facing $30 Billion in Pandemic-Related Losses
May 19, 2021
Alexandria, Va. – New data released today shows that the nation’s senior living providers have incurred an estimated $22.5 billion in uncompensated financial losses to date, due to the burdens imposed by the COVID-19 pandemic, and uncompensated losses are expected to grow to $29.8 billion through the first half of 2021. While the federal government…
Each One Reach One
May 5, 2021
When Brenda Gibbons worked as a hairdresser, she saw herself as someone who served her community. Her work gave her a sense of purpose. After retirement, she moved into The Hidenwood, a Retirement Unlimited community in Newport News, Va. There, she became a member of the Pink Ladies Club, a group of residents who help…
Senior Living Providers: Share Your Data for the 2021 Argentum & Lument Largest Providers Report
March 3, 2021
(Alexandria, Va.) – Through filling out a 15-minute survey, your company can be part of a list that informs investors, media, product and service industries, executive search firms, developers, and market-watchers throughout the year: The 2021 Argentum & Lument Largest Providers Report. Last year’s report listed 150 providers and a total of more than 625,000 units. For the past two decades, we have…
Seniors and Caregivers Continue to be Overlooked in COVID-19 Relief Negotiations
February 12, 2021
Alexandria, Va., Feb. 12, 2021 — Now a year into the COVID-19 pandemic, thousands of assisted living facilities are still waiting for federal COVID-19 relief, and for over half of them, closures are imminent, according to a recent Argentum member survey. They have faced over $15 billion in increased expenses and lost revenue, and these…
Making Change a Positive
January 28, 2021
At the beginning of 2020, Merrill Gardens was excited and hard at work on a new opportunity: Its new brand for a moderate-priced model. “And then COVID hit,” writes Merrill Gardens president Tana Gall, in an email interview. “Like a lot of operators, at Merrill we went into all-hands-on-deck mode to support our communities as…
A Review of Biden’s American Rescue Plan and Its Impact for Senior Living
January 15, 2021
Last night, President-elect Biden released his proposed $1.9 trillion relief package that includes $415 billion focused on combating the COVID-19 pandemic, over $1 trillion in direct aid to individuals and families, and $440 billion in assistance to businesses. The plan is sweeping and proposes large-scale spending items such as $1,400 in additional stimulus checks, an extension…
New Argentum Advocates Program Aims to Bring More Voices Directly to Lawmakers
January 14, 2021
(Alexandria, Va.) – The COVID-19 pandemic has put a spotlight on the long-term care industry through the media and on Capitol Hill. As a result, it’s more critical than ever that the industry unites to tell the story of senior living. Leading the effort, Argentum has launched a new Argentum Advocates program, focused on sharing critical…
The 2020 Federal Election and the Senior Living Public Policy Roadmap
January 8, 2021
Overview The impact of the 2020 election will present a challenging public policy environment for senior living, unlike any it has seen over the last thirty-plus years. The result of a new administration and the flip of the U.S. Senate from Republican to Democratic control, will potentially result in increased oversight and regulation at the…
What a Biden Administration May Mean for Senior Living
November 7, 2020
With several news outlets now calling the presidency for former Vice President Joe Biden, what can those across senior living expect from his Administration? Argentum continues to focus on COVID-19 and educating federal officials about the importance of processing relief payments, obtaining additional financial resources and testing support, preparing vaccine management, and instituting reasonable liability…
Many Senior Living Communities Are Still Waiting for Essential Financial Relief in the Wake of COVID-19
November 2, 2020
(Alexandria, Va.) – Despite caring for the population most vulnerable to COVID-19, many assisted living providers are still waiting for financial relief, according to a new survey conducted by Argentum. To date, assisted living providers are expected to receive about $3 billion from the CARES Act Provider Relief Fund while other providers, including hospitals and…
Argentum Releases Essential Caregiver Toolkit to Encourage Safer Visitation and Reduce Health Risks of Social Isolation on Older Adults
October 7, 2020
(Alexandria, Va.) – In the midst of the COVID-19 pandemic, social isolation and loneliness for senior living residents have risen as visitation from loved ones has been curtailed. Social isolation in older adults is well-documented to increase risk of premature death—as harmful as high blood pressure, according to the National Academies of Sciences, Engineering, and Medicine. But COVID-19…