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.
Operators express waning optimism regarding operating margins: NIC
By
Kathleen Steele Gaivin
Jul 01, 2022
Rising operating expenses will limit the degree to which operating margins will grow in the next six months. This has contributed to waning optimism, according to the latest Executive Survey Insights report...
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.
‘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...
People in the news, June 21
By
Nicole Blanchard
Jun 21, 2022
Appointments and promotions at Bridge Senior Living, Claiborne Senior Living, Erickson Senior Living, Hebrew SeniorLife, Indiana Health Care Association / Indiana Center for Assisted Living, Life Care...
Riverside, CA, first primary market to reach pre-pandemic stabilized occupancy level
By
Kathleen Steele Gaivin
Jun 21, 2022
Riverside, CA, is the first of the 31 primary markets that NIC MAP follows to reach its pre-pandemic stabilized occupancy level, according to the intra-quarterly snapshot released Thursday by the National...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...