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...
Retirement communities see uptick in move-ins for socialization after pandemic isolation
By
Kathleen Steele Gaivin
Jul 07, 2022
The need for socialization among older adults is helping overcome the uncertainty and decreased occupancy seen in senior living earlier in the COVID-19 pandemic, according to an article in MarketWatch.
Demand for occupancy slows after months of increases
By
Kathleen Steele Gaivin
Jul 05, 2022
Demand for skilled nursing occupancy flattened in April after months of increases, according to the latest Skilled Nursing Monthly Report released by the National Investment Center for Seniors Housing...
Operators less optimistic about operating margins: NIC
By
Kimberly Bonvissuto
Jul 01, 2022
Despite improving occupancy, fewer operators expect operating margins to improve, according to a new National Investment Center for Seniors Housing & Care survey.
AlerisLife names Jeff Leer president and CEO, plans cost cuts, reorganization
By
Lois A. Bowers
Jun 28, 2022
Jeff Leer has been appointed president and CEO of Newton, MA-based AlerisLife, a position he has held on an interim basis since former President and CEO Katie Potter resigned April 30.
Assisted living, CCRC workforce recovery among slowest in healthcare: NIC
By
Kimberly Bonvissuto
Jun 27, 2022
Assisted living communities, continuing care retirement communities and skilled nursing facilities are experiencing slower workforce recoveries compared with other healthcare sectors, according to a new...
Long-term inflation threatens life plan community margins
By
Kathleen Steele Gaivin
Jun 27, 2022
Life plan communities can weather the challenges brought about by inflation for now, but long-term inflation stretching into next year would pressure margins, according to Fitch Ratings.
‘Be vigilant’ in face of OSHA scrutiny related to COVID-19, attorney advises
By
Kathleen Steele Gaivin
Jun 27, 2022
Skilled nursing facility and senior living community operators “should continue to be vigilant” in their COVID-19 mitigation measures even though the Occupational Safety and Health Administration’s...
$18 million tech startup eyes creating efficiencies specifically for assisted living
By
Kimberly Bonvissuto
Jun 24, 2022
A chance encounter on a playground led to the launch of a startup aimed at streamlining the work of assisted living staff members and operators through technology. The case of August Health provides a...
‘Hawkish’ Federal Reserve rate hike ‘surprising,’ Marcus & Millichap exec says
By
Kathleen Steele Gaivin
Jun 22, 2022
The Federal Reserve took a “hawkish” stance last week with its 1.5% rate hike, and the 75-basis-point increase was “surprising,” John Chang, vice president and director of research services at...