Aegis Living CEO: ‘Not sure everyone is going to make it’
By
Amy Novotney
Jun 19, 2020
Experienced senior living operators are adapting to the effects of the COVID-19 pandemic and expect to come out strong on the other side of the current recession. Not all operators will survive, however,...
COVID-19 pushed SNF occupancy to lowest levels since 2012 in March: NIC
By
Amy Novotney
Jun 02, 2020
Skilled nursing occupancy numbers suffered their biggest hit since 2012 in March, as the initial effects of the COVID-19 pandemic began to set in. According to monthly data released Monday from the National...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...
Business briefs, Dec. 7
By
Kathleen Steele Gaivin
Dec 07, 2023
University-affiliated senior living communities taking advantage of popular trend … Senior living operator Revel first in sector to adopt next-gen security platform … Bedrock Healthcare at Home partners...
Integrating housing and healthcare to stimulate move-ins and margins
By
Kimberly Bonvissuto
Oct 27, 2023
CHICAGO — For decades, the senior housing industry catered to the business of wants, building on lessons from the hospitality industry in offering comfort, ease and fun. But only 10% of Americans have...
Speakers: Integrating health services into assisted living presents opportunities, challenges
By
Lois A. Bowers
Mar 10, 2016
Assisted living operators that pursue offering health services to their residents will be confronted with risks, but they also will face potential rewards, said speakers during a 2016 NIC Spring Investment...
Black and Hispanic older adults in ‘Forgotten Middle’ are ‘worst off’
By
Lois A. Bowers
Feb 16, 2024
Trends in home ownership and equity, income, health and other issues indicate that millions of middle-income Black, Hispanic or rural older adults may not have the financial resources they need to pay...
Investors have ‘growing pool’ of senior living opportunities
By
Kathleen Steele Gaivin
Feb 20, 2024
Senior living investors have a “growing pool of opportunities” this year, and they span the risk spectrum, Shashank Goel, assistant vice president in the transactions group at Harrison Street, wrote...
Cementing senior living’s role in care continuum key focus area for NIC
By
Kimberly Bonvissuto
Mar 03, 2023
SAN DIEGO — Senior living is part of the continuum of care. The theme of the National Investment Center for Seniors Housing & Care Spring Conference echoed throughout Thursday’s sessions taking a look...
Move-ins decline with slowdown in lead conversions, sales: NIC
By
Kimberly Bonvissuto
Jun 15, 2023
Slowdowns in lead conversions or sales were the most common reasons cited for a recent decline in the pace of move-ins in senior living among respondents to a National Investment Center for Seniors Housing...