Skilled nursing occupancy tops 82 percent for first time since April 2020
By
Kathleen Steele Gaivin
Nov 07, 2023
Skilled nursing occupancy is up 142 basis points year over year as of the end of August. Occupancy reached 82.3% in August, topping 82% for the first time since April 2020, according to the latest Skilled...
‘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....
Senior living occupancy up for fourth consecutive quarter: NIC
By
Kimberly Bonvissuto
Jul 07, 2022
Senior living (independent living and assisted living combined) occupancy in the second quarter increased for the fourth quarter in a row, a positive sign for sector recovery, the National Investment Center...
WSJ: Seniors housing could face big vacancies with telemedicine available to help with care needs at...
By
Amy Novotney
May 13, 2020
The ongoing spread of COVID-19 within skilled nursing facilities and assisted living communities and a national surge in telemedicine use may be two key factors fueling a push for seniors to age at home,...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Senior living, led by assisted living, sees strong occupancy rate gains in third quarter
By
Kimberly Bonvissuto
Oct 07, 2022
Senior living, independent living and assisted living combined, is experiencing its highest occupancy increases since before the COVID-19 pandemic, with the number of occupied assisted living units rising...
Senior living occupancy rate making its way back to pre-pandemic level
By
Kimberly Bonvissuto
Nov 14, 2022
Senior living occupancy — independent living and assisted living combined — is more than halfway down the road to recovery, increasing to 82.8% in October from a pandemic record low of 77.9% in June...
Business briefs, Feb. 20
By
Kathleen Steele Gaivin
Feb 20, 2024
LTC Properties CEO: Senior living market fundamentals favor REITs … 2024 presents ‘golden opportunity’ for senior living to increase occupancy levels: NIC … Proposed HCBS rule could diminish service...
Business briefs, Jan. 19
By
Kathleen Steele Gaivin
Jan 19, 2024
Owner of defunct Skyline chain pleads guilty in $39M fraud case … Credit is scarce, capital markets remain unpredictable: NIC … In DEIB initiatives, senior living must shift focus to fostering inclusive...
More news for Thursday, July 28
By
Kimberly Bonvissuto
Jul 28, 2022
The pandemic changed way senior living industry is perceived, operated: Kramer … Partnership offers Maryland providers access to digital advance care technology … Moderna bests Pfizer vaccine in protecting...