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re: At Least 23% of COVID-19 Deaths are from Nursing Homes & LTC Facilities

Posted on 4/23/20 at 4:32 pm to
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78713 posts
Posted on 4/23/20 at 4:32 pm to
If that holds true, what long-term economic ramifications are we looking at?

Surely if what you’re saying comes to fruition it could get real ugly
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/23/20 at 4:35 pm to
quote:



No end in sight as .... explain??


The virus isn’t going anywhere, we all know this already. It’s not about eliminating it, it’s all about containment.

This post was edited on 4/23/20 at 4:48 pm
Posted by AmosMosesAndTwins
Lake Charles
Member since Apr 2010
19015 posts
Posted on 4/23/20 at 4:36 pm to
quote:

If that holds true, what long-term economic ramifications are we looking at?

Surely if what you’re saying comes to fruition it could get real ugly



We were told it will get ugly and there’s nothing that will stop it. The economy has to open at some point and it will mean widespread outbreak, again, as expected. I think general public will regain some normalcy, whatever that looks like, but the implications to senior care nationwide are massive. Those of you invested in REITs, buckle up.
Posted by LSUJML
Central
Member since May 2008
56852 posts
Posted on 4/23/20 at 4:37 pm to
quote:

Just got off a big conference call. No end in sight. 2020 gonna be rough baws.


What does this mean?
Will visitors not be allowed back in this summer?
This post was edited on 4/23/20 at 4:39 pm
Posted by tiger91
In my own little world
Member since Nov 2005
40270 posts
Posted on 4/23/20 at 4:40 pm to
So no admits? And what if they opt out of the vaccine? Pna and flu are optimal — and I won’t take it either (covid vax).
This post was edited on 4/23/20 at 4:40 pm
Posted by tiger91
In my own little world
Member since Nov 2005
40270 posts
Posted on 4/23/20 at 4:41 pm to
What’s REIT? I’m not in admin or finances so if it’s skmerhing with that I’d have no clue.
This post was edited on 4/23/20 at 4:42 pm
Posted by AmosMosesAndTwins
Lake Charles
Member since Apr 2010
19015 posts
Posted on 4/23/20 at 4:41 pm to
quote:

Will visitors not be allowed back in this summer?


I was highly doubtful prior to today’s call which only bolstered that doubt.
Posted by tiger91
In my own little world
Member since Nov 2005
40270 posts
Posted on 4/23/20 at 4:41 pm to
Holy shite. Our poor residents.
Posted by AmosMosesAndTwins
Lake Charles
Member since Apr 2010
19015 posts
Posted on 4/23/20 at 4:43 pm to
quote:

So no admits? And what if they opt out of the vaccine? Pna and flu are optimal — and I won’t take it either (covid vax).


No admits is not sustainable for the industry. Expect stringent testing/admitting procedures as more readily available. Possibly multiple tests, likely with mandatory quarantine.
Posted by AmosMosesAndTwins
Lake Charles
Member since Apr 2010
19015 posts
Posted on 4/23/20 at 4:45 pm to
quote:

What’s REIT?


People riding the baby boomer wave are heavily invested.
Posted by LSUJML
Central
Member since May 2008
56852 posts
Posted on 4/23/20 at 4:55 pm to
quote:

I was highly doubtful prior to today’s call which only bolstered that doubt.


Home health business fixing to boom?
Posted by G Vice
Lafayette, LA
Member since Dec 2006
13186 posts
Posted on 4/23/20 at 4:56 pm to
REIT = Real Estate Investment Trust

Essentially mutual funds that invest in real estate, such malls and retail strips. Many REITs have significant holdings in facilities like yours and ALFs.

Thanks for the D update. Please give him my best.
Posted by tiger91
In my own little world
Member since Nov 2005
40270 posts
Posted on 4/23/20 at 5:05 pm to
I’m wondering how many of our families will attempt to take their people home. Some would maybe be ok but for others it would not end well.
Posted by Mizz-SEC
Inbred Huntin' In The SEC
Member since Jun 2013
23249 posts
Posted on 4/23/20 at 5:06 pm to
quote:

Of the 15 states not reporting if the individual resided in a LTC facility include:

Washington
California
Michigan
Ohio
Maryland
Wisconsin
Missouri


Well I can tell you that's bullshite right there.

I was watching the news with my wife and one of the top stories was a conversation with an undercover employee at a LTC facility and he said they've been taking a body or more a day out for a week.

Then five minutes later they run the stats by county and they show 3 deaths in the county where the LTC employee worked. I looked at my wife and said, "Did you see that? WTF?"
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/23/20 at 5:07 pm to
quote:

I’m wondering how many of our families will attempt to take their people home. Some would maybe be ok but for others it would not end well.



If I had a parent in a home right depending on their situation I would definitely be weighing my options
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61823 posts
Posted on 4/23/20 at 5:08 pm to
Cool.
Do Walmart shoppers, next.
Posted by LSUJML
Central
Member since May 2008
56852 posts
Posted on 4/23/20 at 5:21 pm to
quote:

I’m wondering how many of our families will attempt to take their people home. Some would maybe be ok but for others it would not end well.


I really hope my parents consider home health
My Grandpa can afford it, he’s private pay
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
14344 posts
Posted on 4/23/20 at 5:22 pm to
quote:

If I had a parent in a home right depending on their situation I would definitely be weighing my options




Just took elderly MIL out of a rehab/nursing home setting where she was after an injury. Have her at our house until we can get her into assisted living facility. That facility just administered a Covid test as a requirement of her admission.
Posted by LSUJML
Central
Member since May 2008
56852 posts
Posted on 4/23/20 at 5:28 pm to
quote:

I was watching the news with my wife and one of the top stories was a conversation with an undercover employee at a LTC facility and he said they've been taking a body or more a day out for a week.


Do you think the staff is going to sit & fight a dementia patient to eat?
Hell no

My Grandpa has lost 3 on his hall of 20
None virus related that we know of

I think a lot of residents are going to give up, especially ones confined to the bed
This post was edited on 4/23/20 at 5:31 pm
Posted by AmosMosesAndTwins
Lake Charles
Member since Apr 2010
19015 posts
Posted on 4/23/20 at 5:38 pm to
quote:

Home health business fixing to boom?


On the contrary, it’s highly likely these individuals are responsible for spreading this to/inside facilities. We’ve banned all staff from at least one third party agency as precaution after their staff reportedly tested positive.
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