Long Term care has been crippled by the ongoing threat of Coronavirus, and many officials are unsure when they will see their new normal. Even though contact tracing and other methods have been used to help track COVID-19, senior living has been widely disregarded and fear operation conditions are unsustainable. According to a recent survey conducted by the American Health Care Association/National Center for Assisted Living revealed that more than 70% of Nursing Homes are unsure if they will be able to continue operating for another year under the current conditions. While 40% of providers said they will only be able to sustain operations for less than six months, and 55% said they are operating at a loss.
Many leading senior living representatives have pleaded with the Government for a universal stimulus that would benefit the Long Term Care community. LeadingAge, a non-profit organization dedicated to making America a better place to grow old, encouraged their leaders to detail their pandemic experiences and call on Congress for additional assistance. While the industry hopelessly waits, some communities are attempting to create new innovative programs that will add revenue streams and possibly offset COVID expenses- but this cannot be sustained.
Due to pre-existing health conditions, most residents in senior living are particular vulnerable to the infection and the Centers for Medicare & Medicaid Services have noticed infection rates are still trending upwards for these communities. A stimulus to senior living is desperately needed in order to provide quality care and to ensure the safety of both the resident and staff. Without it, the industry will continue to crumble.