Residents in nursing homes and assisted living facilities share how they're coping with the virus in isolation and what their hopes are for the future. Collins declined to say how many facilities Portopiccolo owns, how many it has sold or how much the firm has profited. Amid plummeting occupancy rates and ballooning expenses, Genesis told stockholders this year that the firm would “improve its liquidity position” by selling off nearly two dozen of its roughly 400 nursing homes. Eleven workers at three other Maryland nursing homes acquired by Portopiccolo during the pandemic said they lost paid time off and were offered more limited insurance packages. Collins said that Portopiccolo leaders see their employees as “health care heroes.”“We remain committed to putting care first,” he added.

Source: Washington Post December 21, 2020 16:01 UTC