Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.
What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
Medicare revenue per patient day decline plateaued mid-summer: NIC MAP Vision
By
Kathleen Steele Gaivin
Oct 07, 2021
After a steady decline since January, Medicare revenue per patient day held steady month over month from June through the end of July, at $560, according to market trends data NIC MAP Vision published...
Individual senior living properties perform about as well as they did a year ago: NIC analysis
By
Kathleen Steele Gaivin
Sep 27, 2021
Last year’s senior living occupancy seems to be an indicator of current performance, according to Beth Burnham Mace, chief economist, and Anne Standish, research statistician, at the National Investment...
Assisted living, independent living see ‘absorption in the green’ for first time in more than a year
By
Kathleen Steele Gaivin
Sep 13, 2021
The year-over-year change in occupied units for both assisted living and independent living was positive in August, at 1% and 0.4%, respectively, according to the intraquarterly report published last week...
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...
CCRC occupancy trends lower but better than non-CCRCs: analysis
By
Kathleen Steele Gaivin
May 25, 2021
Occupancy in continuing care retirement communities fell 1.4 percentage points from the fourth quarter to 84.3% through the first quarter of 2021, according to data released Friday by the National Investment...
Senior living investors re-examine portfolios: NIC Leadership Huddle
By
Kathleen Steele Gaivin
May 24, 2021
Despite seeing lower occupancy levels through the pandemic, senior living investors are seeing some light at the end of the tunnel, according to panelists at last week’s Leadership Huddle of the National...
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...