Pandemic drives senior living occupancy to record lows
By
Lois A. Bowers
Jan 08, 2021
The coronavirus pandemic continues to negatively affect occupancy in senior living, with percentages released Thursday by the National Investment Center for Seniors Housing & Care’s NIC MAP Data Service...
SNF occupancy edges slightly up in October but is still down nearly 10 percent from last year: NIC
By
Amy Novotney
Jan 08, 2021
Occupancy rates at nursing homes across the country continued to be depressed in October, according to data from the latest Skilled Nursing Monthly Report, published by the National Investment Center for...
Senior living occupancy falls to all-time low, 80.7 percent: NIC
By
Lois A. Bowers
Jan 07, 2021
Occupancy at U.S. senior living communities — including independent living and assisted living communities — reached an all-time low of 80.7% in the fourth quarter of 2020, according to data released...
Recovering from emotional, economic effects of pandemic will dominate senior living in 2021
By
Lois A. Bowers
Jan 04, 2021
Virus-related matters will dominate the actions of senior living owners and operators for the time being, industry leaders told McKnight’s Senior Living.
Big senior living stories of 2020
By
Lois A. Bowers
Dec 22, 2020
A year ago, nobody in the U.S. senior living industry would have predicted that a pandemic would upend everyone’s personal and professional lives in 2020. But COVID-19 undoubtedly was the story of the...
Assisted and independent living hit new occupancy lows: NIC
By
Amy Novotney
Dec 18, 2020
The stabilized occupancy rate for majority assisted living properties fell again in November, dropping 0.1 percentage point to 80.6%, according to the latest intra-quarterly snapshot report from the National...
Nearly two-thirds of operators now offering rent concessions, depressing net income, NIC survey finds
By
Amy Novotney
Dec 18, 2020
Net operating income continues to face pressure from the COVID-19 pandemic, with more organizations than ever offering rent concessions, paying staff members overtime hours and using agency or temp staff...
Assisted and independent living hit new occupancy lows: NIC
By
Amy Novotney
Dec 17, 2020
The stabilized occupancy rate for majority assisted living properties fell again in November, dropping 0.1 percentage point to 80.6%.
Subtle signs point to start of recovery for senior living industry
By
Amy Novotney
Dec 10, 2020
One positive to the otherwise devastating effects of the COVID-19 pandemic on the senior housing industry has been that it appears to be helping to more favorable align future supply and demand fundamentals,...
All sectors but IL see highest month-over-month occupancy declines since June amid COVID surge: NIC survey
By
Amy Novotney
Dec 07, 2020
Between 42% and 54% of organizations with assisted living units, memory care units or nursing care beds reported occupancy declines over the past 30 days, according to data collected from the most recent...