1 in 4 long-term care operators expect their development pipelines to decrease: NIC survey
By
Amy Novotney
Nov 13, 2020
About one-fourth (24%) of senior housing and skilled nursing operators now expect their development pipelines to decrease. That’s according to data collected from the most recent Executive Survey conducted...
SNF occupancy slide continues: NIC
By
Amy Novotney
Oct 01, 2020
Occupancy rates for skilled nursing properties dropped to a new record low of 74.6% in July, according to a report this week from the National Investment Center for Seniors Housing & Care’s NIC MAP Data...
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...
Senior living occupancy could be cut in half next year: BMO
By
Amy Novotney
Apr 06, 2020
Occupancy at senior living communities potentially could fall by half in the next year if move-ins come to a halt as a result of the coronavirus pandemic, according to BMO Capital Markets.
Chicago-based Ventas slashed its quarterly dividend by 43% Friday, declaring a 45 cents per share second quarter dividend payable July 14. That’s down from the 79 cents per share payout a quarter earlier....
Future looks bright for nonprofit senior living: Ziegler
By
Amy Novotney
Sep 28, 2020
Thanks to the nation’s shifting demographics and the ability of many nonprofit senior living operators to offer services across the continuum, the future of the sector looks bright, according to speakers...
Long-term care likely to face uneven recovery: report
By
Amy Novotney
Oct 19, 2020
The effects of the COVID-19 pandemic have been uneven across markets and care/service segments within long-term care, which will lead to an uneven recovery for the industry over the coming years. That’s...
COVID-19 pushed SNF occupancy below 75% in June: NIC
By
Amy Novotney
Sep 14, 2020
June occupancy rates for skilled nursing properties hit a new record low of 74.8% in June. But the general downturn may be stabilizing, according to a report from the National Investment Center for Seniors...
SNF occupancy hits record low again in January: NIC report
By
Amy Novotney
Apr 06, 2021
Occupancy continued to be challenged as the skilled nursing industry navigated the first months of 2021, according to the latest monthly skilled nursing data report from the National Investment Center...