More than 80% of assisted living facilities report occupancy declines: NIC
By
Amy Novotney
May 01, 2020
Roughly four-in-five assisted living communities and nursing facilities are reporting occupancy rate declines compared with a month ago, according to data collected last week from owners and executives...
NHI reaches ‘inflection point’ as it sees finish line on portfolio optimization
By
Kimberly Bonvissuto
May 11, 2022
With optimization of its portfolio largely complete, National Health Investors President and CEO Eric Mendelsohn said that the real estate investment trust has reached an inflection point with greater...
Occupancy, revenue trend upward in Q3 for HTI
By
Kathleen Steele Gaivin
Dec 08, 2023
Occupancy in the Healthcare Trust Inc.’s senior housing operating portfolio, or SHOP, segment of its portfolio grew by 0.8% to 74.1% in the third quarter compared with the prior quarter, CEO Michael...
Ancillaries, initiatives help offset occupancy challenges at Five Star
By
Lois A. Bowers
Nov 03, 2016
Ancillary services and initiatives that generate income and resident satisfaction, as well as capital improvements and expansions at communities, are helping to offset decreases in occupancy and revenues...
Cohen: Hurricanes may reduce headwinds for senior living
By
Lois A. Bowers
Sep 08, 2017
Capital Senior Living communities and others have been affected by Hurricane/Tropical Storm Harvey and may be affected by Hurricane Irma as well. CEO Larry Cohen sees silver linings in the storm clouds...
Federal apprenticeship program would get $3.8 billion boost under bipartisan bill
By
Kathleen Steele Gaivin
May 16, 2023
The bipartisan National Apprenticeship Act of 2023, if signed into law, would invest more than $3.8 billion over five years and create almost a million new opportunities, Andrea Price-Carter, director,...
Business briefs for Thursday, Dec. 3
Dec 03, 2020
Independent living and assisted living operators continue to face occupancy pressures: Ziegler poll … Many hospitals again postponing elective surgeries amid COVID-19 surge … Ensign Group acquires...
Senior living sees fewer M&A deals but higher dollar investment
By
Lois A. Bowers
Oct 16, 2019
The number of publicly announced senior housing and care acquisitions is trending downward, whereas the total dollar amount of those investments is increasing, according to data released Tuesday.
Nearly two-thirds of operators now offering rent concessions, depressing net income, NIC survey finds
By
Amy Novotney
Dec 18, 2020
Net operating income continues to face pressure from the COVID-19 pandemic, with more organizations than ever offering rent concessions, paying staff members overtime hours and using agency or temp staff...
After months of increases, SNF occupancy slowed in September: NIC report
By
Kathleen Steele Gaivin
Dec 10, 2021
Reversing a seven-month trends, skilled nursing occupancy declined to 75.1% between August and September. That amounted to a 27 basis points downturn, according to the latest Skilled Nursing Monthly...