COVID down, interest up, but senior living occupancy unchanged as inventory grows
By
Lois A. Bowers
Jul 09, 2021
Senior housing occupancy (independent living and assisted living combined) held steady at 78.7% in the second quarter, despite declining cases of COVID-19 and increasing interest in independent living...
SNF occupancy continues steady increases: NIC
By
Kathleen Steele Gaivin
Jul 06, 2021
The upward trend in skilled nursing occupancy continued month to month in the first quarter of 2021, according to the Skilled Nursing Monthly Report for April, published Friday by the National Investment...
‘Right now’ is most challenging time for many senior living providers
By
Kimberly Bonvissuto
Jun 30, 2021
Continued unemployment compensation, wage pressures, decreased occupancy and increased costs continue to create challenges for many senior living providers, according to speakers at an Argentum congressional...
Lead volumes, move-ins on the rise: NIC
By
Kathleen Steele Gaivin
Jun 28, 2021
Lead volume has increased since the beginning of the year, and the pace of move-ins accelerated in the past 30 days, according to executive survey highlights published Thursday by the National Investment...
Senior living must boost consumer confidence after pandemic: senior living community exec
By
Kathleen Steele Gaivin
Jun 21, 2021
Senior living operators must look at ways to boost consumer confidence after months of declining occupancy during the pandemic, according to Ken Segarnick, chief corporate officer at New Jersey-based Brandywine...
Investors re-evaluate parameters of financial performance post-pandemic: NIC Leadership Huddle
By
Kathleen Steele Gaivin
Jun 17, 2021
Equity and debt partners are looking a little differently at the relationships among revenues, expenses and returns than they did before the pandemic, according to panelists at yesterday’s Leadership...
Occupancy levels likely to have reached low point: NIC report
By
Kathleen Steele Gaivin
Jun 14, 2021
Senior living occupancy levels appear to be inching their way back from an all-time low of 78.7% in March, according to the intra-quarterly report published last week by the National Investment Center...
Popularity of home health, home care forces other long-term care providers to step up game, execs say
By
Diane Eastabrook
Jun 09, 2021
Acknowledging increased competition from home health and home care providers, executives from long-term care companies said they’re focusing on innovation and creativity to compete for clients.
Senior housing market likely to rebound from pandemic recession: NIC analysis
By
Kathleen Steele Gaivin
Jun 07, 2021
The senior housing market rebounded during the 2007-09 global financial crisis and is likely to bounce back similarly from the COVID-19 recession, according to side-by-side analyses of the two economic...
64 percent of senior living communities saw no COVID-19-related deaths: NIC-funded study
By
Kimberly Bonvissuto
Jun 03, 2021
A majority (64%) of senior living communities reported no COVID-19 deaths in 2020, according to an analysis of COVID-19 deaths across the long-term care residential continuum released today.