“‘The situation is dire’: Provider group seeks $5 billion in COVID relief for senior living,” by Lois A. Bowers, McKnight’s Senior Living

 

Quote:

“The next COVID-19 relief package from the federal government must include $5 billion in funding for assisted living, independent living, memory care and continuing care retirement communities to help with personal protective equipment, staff and testing needs, Argentum said Friday. … To date, assisted living providers have been promised $3 billion, or 1.7%, of the total Coronavirus Aid, Relief, and Economic Security (CARES) Act Provider Relief Fund, and have received even less, Argentum said. By comparison, according to the association, nursing homes, hospitals and other care providers have received $145 billion, or 83%, of the Provider Relief Fund; $27 billion, or 15%, of the total fund remains unallocated.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

 Everyone wants a piece of the government largesse toward senior living. Interesting to note though that the bulk of the public money is going to venues that are heavily dependent on Medicaid and Medicare (nursing homes and hospitals) and less to mostly private-pay venues (ALFs, Independent Living and CCRCs).