New AI tools can help with hiring, property analysis, senior care analytics giant says
By
Aaron Dorman
Mar 08, 2024
NIC MAP Vision AI has been launched to help streamline or expedite a variety of tasks typically considered time-consuming for LTC operators.
Navigate the middle market by checking the right boxes
By
Kimberly Bonvissuto
Mar 08, 2024
The 2019 “Forgotten Middle” study highlighted the need for housing and care for older adults with incomes too high to qualify for federal assistance but not enough resources to be able to afford private-pay...
Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
Senior living lending increases as investors adjust to changing capital market
By
Kathleen Steele Gaivin
Feb 23, 2024
The issuance of new permanent debt for senior living increased during the third quarter of 2023, according to a lending trends report released by NIC Analytics.
2024 presents ‘golden opportunity’ for senior living to increase occupancy: NIC
By
Kimberly Bonvissuto
Feb 20, 2024
Volatile capital market challenges aside, senior living communities have a “golden opportunity” to increase occupancy and drive operational growth in 2024 thanks to favorable supply demand market dynamics.
More news for Monday, Feb. 5
By
Kimberly Bonvissuto
Feb 05, 2024
Takeaways from NIC MAP’s fourth-quarter fundamentals release … Use of Medicaid wraparound services by dually eligible individuals varies by service, state … StartUp Health launches global Alzheimer’s...
Business briefs, Feb. 2
By
Kathleen Steele Gaivin
Feb 02, 2024
Takeaways from NIC MAP’s fourth-quarter fundamentals release … Erickson’s Lantern Hill transitions to 80% refundable entrance fee structure … 2Life Communities’ Solimine House in Lynn, MA, awarded...
Occupancy sees 10th consecutive quarterly increase on way to expected return to pre-pandemic levels this...
By
Kimberly Bonvissuto
Jan 12, 2024
Senior living occupancy rates increased for the 10th consecutive quarter in the fourth quarter of 2023 and remain on track to return to pre-pandemic levels in the second half of this year, according to...
Business briefs, Jan. 12
By
Kathleen Steele Gaivin
Jan 12, 2024
Senior living occupancy rate increases for 10th consecutive quarter: NIC … 20 states make changes to assisted living regs … Initial claims for unemployment decrease by 1,000 week over week … CPI...
‘Profound’ financial, workforce challenges persist for senior living providers as 2024 begins
By
Lois A. Bowers
Jan 02, 2024
Senior living operators will continue to face inflationary pressures and capital market challenges in 2024, but some effects may lessen before the year is out, according to senior living industry experts....