Senior living experiences highest year-over-year growth in asking rates since 2017: NIC
By
Kathleen Steele Gaivin
Mar 02, 2022
The independent living, assisted living and memory care sectors of long-term care in the fourth quarter of 2021 all experienced the highest year-over-year growth in asking rates since NIC MAP began reporting...
Senior living recovery driven by occupancy, rate increases: DHC CEO
By
Kimberly Bonvissuto
Feb 25, 2022
Describing 2020 as a year of defensive measures taken to withstand the effects of the pandemic, Diversified Healthcare Trust President and CEO Jennifer Francis said Thursday that proactive steps taken...
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
Occupancy gains momentum; staffing remains challenge: Healthpeak CEO
By
Kimberly Bonvissuto
Feb 10, 2022
Although staffing challenges are affecting the entire healthcare continuum — including the continuing care retirement community sector — there are signs of improvement and good momentum on occupancy...
CCRC occupancy inches up to 85.7 percent in fourth quarter
By
Lois A. Bowers
Feb 03, 2022
Life plan community occupancy was 85.7% in the fourth quarter of 2021, up 0.3 percentage points from the third quarter and 1.4 percentage points from a pandemic low seen in the first two quarters of the...
Optimism on operating margins tempered by occupancy recovery, workforce challenges: NIC
By
Kimberly Bonvissuto
Jan 14, 2022
About half of senior living (independent and assisted living) and skilled nursing operators anticipate that operating margins will improve in the next six months, up from one-third last fall, according...
Occupancy increases for assisted living, nursing homes; decreases for memory care: NIC
By
Kathleen Steele Gaivin
Jan 14, 2022
Assisted living and nursing homes occupancy is on the rise, but memory care communities are seeing declining occupancy, according to the latest NIC Executive Survey Insights report released Thursday.
5 items for senior living’s 2022 to-do list
By
Lois A. Bowers
Jan 10, 2022
The leaders of five organizations active in the senior living space recently shared with me their insights on the biggest challenges facing the industry. Culled from their comments is a list of action...
Senior living occupancy increases for second quarter in a row; delta variant has little effect
By
Kimberly Bonvissuto
Jan 06, 2022
Senior living (independent living and assisted living combined) occupancy increased for the second consecutive quarter, rising to 81% in the fourth quarter of 2021, according to NIC MAP data released Thursday...
Senior living occupancy recovery may stretch into 2023 — or 2028, leaders say
By
Lois A. Bowers
Jan 05, 2022
SAs the pandemic nears its second anniversary, occupancy appears to be moving in a positive direction but still may be in recovery mode at this time next year — and maybe for much longer, industry leaders...