More than 8 in 10 SNFs have seen occupancy decline in the past month; senior living also report reductions:...
By
Amy Novotney
Apr 24, 2020
Eighty-four percent of skilled nursing facility operators saw declines in their occupancy rates compared with one month ago, according to data collected from owners and executives at 105 long-term care...
Motley Fool: Omega’s SNF-focused portfolio may buffer it from pandemic fallout — or will it?
By
Amy Novotney
Apr 24, 2020
Historically, investors have often viewed independent and assisted living communities — most often paid for out-of-pocket by residents — as safer bets than skilled nursing facilities, which generally...
Pandemic may push seniors housing occupancy below 80% for first time
By
Amy Novotney
Apr 23, 2020
The coronavirus pandemic’s impact is likely to be worse than originally expected by the senior living industry and has the potential to push national occupancy rates below 80% for the first time ever.
Toledo, OH-based real estate investment trust Welltower announced Friday that occupancy within its seniors housing operating portfolio has fallen by 1.2% since March 27, declining from a rate of 85.4%...
Nearly three-quarters of SNFs reported occupancy declines in first half of April: NIC
By
Amy Novotney
Apr 17, 2020
Seventy percent of skilled nursing facility operators saw declines in their occupancy rates compared with one month ago, according to data collected from owners and executives at 146 seniors housing and...
Pandemic putting pressure on seniors housing: Marcus & Millichap
By
Amy Novotney
Apr 14, 2020
The senior living industry may be one of the hardest hit by the coronavirus pandemic, yet with operators well suited to manage infectious diseases, and the strength of the seniors housing market prior...
Business briefs for Monday, April 13
Apr 13, 2020
CMS proposes 2.3% Medicare increase for 2021 … Welltower and HCR ManorCare founder Fritz Wolfe dies … NIC MAP: Senior living occupancy falls slightly in first quarter … BMO Harris provides $12.3M...
Senior living occupancy falls slightly in first quarter as industry braces for COVID-19 impact
By
Lois A. Bowers
Apr 10, 2020
Senior living occupancy fell slightly in the first quarter, according to NIC, but the data do not yet reflect the effects of COVID-19. Meanwhile, a new report from Marcus & Millichap predicts how senior...
$102.2 billion in COVID-19 relief needed for senior living and other providers, CEO tells Congress
By
Lois A. Bowers
Apr 09, 2020
The work of nonprofit health and human service organizations with more than 500 employees, including senior living providers, is threatened unless Congress provides more than $102.2 billion in relief in...
People in the news, April 7
Apr 07, 2020
Appointments and promotions at AMDA – The Society for Post-Acute and Long-Term Care, Green Street Advisors, SCAN Health Plan, three, Touchdown, VIUM Capital and Watercrest Senior Living Group.