Pandemic means 41,000 fewer senior housing units could be needed: analysis
By
Kathleen Steele Gaivin
May 18, 2021
COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as...
Job levels continue to ‘contract’ for skilled nursing facilities: NIC
By
Kathleen Steele Gaivin
Sep 08, 2021
Labor Department data released for August were “disappointing,” according to Beth Burnham Mace, chief economist at the National Investment Center for Seniors Housing & Care.
Economic growth begins to wane
By
Kathleen Steele Gaivin
Aug 31, 2021
Although the United States saw a significant rise in gross domestic product in the second quarter, growth is likely to be much slower in the coming months, according to Beth Burnham Mace, chief economist...
Nursing home and assisted living move-ins increasing: NIC survey
By
Amy Novotney
Oct 19, 2020
Assisted living and skilled nursing facilities are reporting an increase in the pace of move-ins over the past 30 days, according to data collected from the most recent Executive Survey conducted by the...
SNF occupancy slide continues: NIC
By
Amy Novotney
Oct 01, 2020
Occupancy rates for skilled nursing properties dropped to a new record low of 74.6% in July, according to a report this week from the National Investment Center for Seniors Housing & Care’s NIC MAP Data...
More than half of senior living executives expect a permanent increase in expenses due to COVID-19: survey
By
Amy Novotney
Sep 21, 2020
Every aspect of the senior housing sector has been affected by the COVID-19 pandemic, leaving many executives and investors with a less favorable short-term view of the industry than in past years. That’s...
Senior housing investment, income returns increase but remain low: NCREIF
By
Amy Novotney
Mar 24, 2021
The senior housing sector posted a 0.71% total investment return in the fourth quarter, marking the second consecutive quarter of positive returns since the COVID-19 pandemic pushed returns into negative...
Lawmakers consider raising threshold for LTC COVID-19 lawsuits after more than 100 actions filed in South...
By
Amy Novotney
Mar 18, 2021
Florida state lawmakers are debating whether to retroactively raise the bar when it comes to filing COVID-19-related lawsuits against healthcare providers.
CMS may announce cuts to Medicare Part B therapy services soon: NASL executive director
By
Liza Berger
Nov 24, 2020
There may be more awaiting long-term care providers this week than meals of turkey, stuffing and mashed potatoes. The Centers for Medicare & Medicaid Services may release its final rule regarding cuts...
Seniors housing occupancy dropped below 85% on the second quarter: NIC
By
Amy Novotney
Sep 02, 2020
Overall occupancy within majority assisted living and majority independent living averaged 84.9% from April through June, down 2.8% from the prior quarter. That’s according to second quarter market fundamentals...