Skilled nursing occupancy begins to stabilize: NIC
By
Amy Novotney
May 07, 2021
Occupancy at U.S. skilled nursing facilities increased to 71.2% in February, as reported by the latest monthly skilled nursing data released Thursday from the National Investment Center for Seniors Housing...
Remote, hybrid work schedules hurting long-term care recovery, experts say
By
Kathleen Steele Gaivin
Jul 17, 2023
The move toward remote and hybrid work during the pandemic is hurting the long-term care industry and continues to slow recovery, the Wall Street Journal reported.
Despite pandemic, Griffin Living experiencing strong demand at its active projects
By
Amy Novotney
Jan 05, 2021
Although the COVID-19 pandemic has brought devastating occupancy declines and financial challenges for many long-term care operators, privately owned senior housing real estate development firm Griffin...
SNF occupancy continued slow recovery through December, NIC says
By
Kathleen Steele Gaivin
Mar 08, 2022
Skilled nursing facility occupancy in December 2021 hit its highest level since May 2020, according to data released Thursday by the NIC Skilled Nursing Data Initiative.
CCRCs see lower occupancy dips than non-CCRCs: NIC
By
Amy Novotney
Nov 12, 2020
Two quarters into the COVID-19 pandemic, occupancy within continuing care retirement communities has remained nearly 9 percentage points higher than occupancy within non-CCRCs. That’s according to data...
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.
Ventas portfolio sees 5 consecutive months of occupancy growth: CEO
By
Kimberly Bonvissuto
Aug 09, 2021
Ventas Chairman and CEO Debra Cafaro said Friday that she sees a clear path to growth for the Chicago-based real estate investment trust and is committed to “winning the recovery.”
Occupancy in CCRCs taking longer to bounce back: Ziegler
By
Kimberly Bonvissuto
May 20, 2022
Although continuing care retirement communities (CCRCs, also known as life plan communities) did a better job of maintaining occupancy before and during the pandemic, other areas of senior housing are...
‘Two markets’ affecting senior living investments: NIC
By
Kathleen Steele Gaivin
Feb 22, 2023
“It’s a tale of two markets and many influencing factors as we move further into 2023,” National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace wrote Tuesday in a...
Business briefs for Tuesday, Nov. 17
Nov 17, 2020
Bipartisan group of lawmakers urges HHS for more financial support for senior living … Nearly a dozen Illinois nursing homes threaten to strike over pandemic conditions … New Senior’s October occupancy...