Senior living occupancy holds steady at 83 percent: NIC
By
Kimberly Bonvissuto
Feb 10, 2023
The all-occupancy rate for senior living (independent living and assisted living) has remained unchanged from December and stands at 83%, according to the latest data released from the National Investment...
Building back occupancy will be a balancing act: speakers
By
Lois A. Bowers
Mar 25, 2022
However long it takes, the process of building back occupancy will take new approaches, according to speakers at the National Investment Center for Seniors Housing & Care Spring Conference.
Skilled nursing occupancy declines after two months of increases
By
Kathleen Steele Gaivin
Dec 05, 2022
After two months of increases, skilled nursing occupancy declined 40 basis points to 78.4% from August to September, according to the latest Skilled Nursing Monthly Report released by the National Investment...
AI has adoption costs, integration challenges, NIC council member warns
By
Aaron Dorman
Oct 12, 2023
Senior care providers must consider the cost of AI solutions, and how to incorporate them into existing systems, according to a new report.
Residents in for-profit nursing homes face higher COVID-19 risk, study finds
By
Amy Novotney
Jun 12, 2020
A preliminary analysis of data released Wednesday on the incidence of COVID-19 cases in nursing homes finds more cases per capita in for-profit facilities compared with nonprofit or public homes.
Industry mourns senior housing and care veteran Tony Mullen, NIC co-founder
By
Lois A. Bowers
Mar 14, 2018
Senior living industry leaders are remembering Anthony James “Tony” Mullen as a trailblazing, passionate advocate of seniors housing and care as well as a good friend. Mullen died Saturday...
$16 million, 5-year study will test artificial intelligence in senior living
By
Lois A. Bowers
Sep 29, 2017
IBM and the University of California San Diego on Thursday announced a $16 million, five-year collaboration that will test how artificial intelligence, or AI, can be used to help detect mild cognitive...
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Rising operating expenses surpass staffing as top provider concern: NIC
By
Kathleen Steele Gaivin
Aug 26, 2022
Rising operating expenses are now the top-cited challenge for long-term care providers, according to the latest Executive Survey Insights report, released Thursday by the National Investment Center for...
Assisted living particularly attractive to investors: JLL
By
Kimberly Bonvissuto
Jan 26, 2023
Investors remain optimistic about senior housing, with many planning to increase their exposure to the sector in 2023 — particularly in assisted living, according to the latest investor survey report...