News Report | June 18, 2021
15 States With The Largest Number Of Senior Living Providers Collectively Will Incur More Than $18.8 Billion In Uncompensated Losses Due To COVID-19
The 15 states with the largest number of senior living providers will collectively incur more than $18.8 billion in uncompensated losses due to coronavirus disease 2019 (COVID-19). Nationally, losses due to COVID-19 could reach $29.8 billion through June of 2021. Provider organizations have reported significant expenses from procuring gowns, gloves, masks, and other infection prevention and control supplies required for COVID-19 mitigation, or lost revenue due to record-low occupancy rates. These expenses are long-term, compounding, and unsustainable.
The top 15 states, and their projected losses, include:
Top . . .