Brookdale Still Deciding How to Use Its $29M in Cares Act Relief Funding

Published on:

Brookdale Senior Living Inc. (NYSE: BKD) is still recovering from COVID-19 headwinds that have negatively impacted its home health service line.

Brookdale is one of the largest senior living owners and operators in the country, with nearly 750 retirement communities that serve roughly 65,000 residents. Its health care services department includes hospice and home health care.

One of the main drivers behind the public health emergency’s negative impact on Brookdale was the suspension of elective procedures, which reduced the Brentwood, Tennessee-based company’s home health admissions.

“It’s unfortunate that just as we were starting to see sequential census progress

Read more    Source:

Leave a Reply