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.
State Assisted Living Providers Billions Out of Pocket in COVID-19 Pandemic Losses
June 2, 2021
Argentum releases list of top 15 states for assisted living seeing losses; national uncompensated losses seen hitting $30 billion, with little relief (Alexandria, Va.) – New data released today underscore the dire predicament facing seniors and caregivers in the wake of the COVID-19 pandemic. Projecting through the second quarter of 2021, many of the largest 15 states for senior living will incur hundreds of…
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…
Building The Future of Senior Living
May 5, 2021
The future needs for long-term care are daunting: By the end of the decade an additional 20 million Americans will be over age 65, and by 2060 nearly 95 million Americans will be age 65 or older. This aging population, especially those over 85 who are most in need of long-term care, is expected to…
What You’re Helping to Accomplish In Washington—and What’s Ahead
May 5, 2021
The adage says that you can’t be in two places at once, but through Argentum, senior living advocates are able to have their voices heard in Washington while serving their communities. In the past three months alone, Argentum has: Met with more than 100 congressional offices and shared timely updates reaching every office on our…
The Story Behind a Complex But Lifesaving COVID-19 Treatment
May 5, 2021
Despite the apparent success of vaccination, the COVID-19 danger is by no means over. People are still contracting the virus and at risk; some people can’t be vaccinated or missed getting vaccinated; occasionally, someone doesn’t develop immunity. What was true at the beginning of the pandemic is still true more than a year later: Older…
Argentum Statements on the Coronavirus
April 28, 2021
2021 April 28 Statement following President Biden’s address to Congress and the nation “We appreciate the inclusion of support for the nation’s caregivers in the American Jobs Plan. But support for home care for the nation’s seniors is just part of the solution; support for the broader long-term care sector, which is critically important, is…
Congress Fails Seniors and Caregivers in COVID Relief Package
March 4, 2021
Alexandria, Va. — Seniors and their caregivers will be left behind in a $1.9 trillion rescue package that Congress is expected to pass this weekend. Last week, the only proposed funds to support long-term care providers in the American Rescue Plan were eliminated due to “jurisdictional issues,” prior to the House advancing it to the…
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…
The Essential Caregiver Program: An Idea Whose Time Has Come
December 21, 2020
The Essential Caregiver (EC) program is a simple concept: Allow a single person, a family member or loved one, to have a controlled visit and help someone in senior living, even during times of restricted visitation, in order to counter the often severely detrimental health effects of loneliness and social isolation. But the implementation of…
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…