July 16, 2021
“It’s a solution looking for a problem,” Argentum vice president of government relations Paul Williams says of the Protecting the Right to Organize Act (S. 420/H.R. 842), otherwise known as the PRO Act. In this interview, he outlines how this piece of legislation could affect senior living and other industries, and what Argentum is doing…
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.
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…
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…
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…
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…
May 5, 2021
In mid-February, at Lunar New Year, hundreds of volunteers organized to escort older Asian Americans to keep them safe during the holiday. While the support was a testament to the best of us, the reason it was needed was almost unspeakable: Attacks on Asian Americans and Pacific Islanders (AAPI) had become overt, violent, and often…
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…
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…
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…
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