For two solid years, the pandemic has been doing some very nasty things to the senior living sector. But if recent earnings calls are any indication, happier days may be here again.
Move-ins slow with omicron surge; move-outs hold constant: NIC
By
Kathleen Steele Gaivin
Feb 11, 2022
Move-ins slowed last month in long-term care facilities offering higher levels of care, according to the National Investment Center for Seniors Housing & Care.
As pandemic continues, solving labor challenges becomes even more urgent, leaders say
By
Lois A. Bowers
Jan 04, 2022
COVID-19 and the labor issues it exacerbates will be a primary focus of senior living providers for much or all of 2022, with recovery extending into 2023 and beyond, industry leaders tell McKnight’s...
Assisted, independent living move-in rates reached record post-pandemic highs in June: NIC
By
Amy Novotney
Sep 07, 2021
Move-ins outpaced move-outs in all three senior living segments — independent living, assisted living, and memory care — for four consecutive months from March through June of this year, showing continued...
84 percent of organizations report increase in lead volume since year’s start: NIC
By
Amy Novotney
Apr 30, 2021
More than four in five operators in seniors housing and skilled nursing are reporting an increase in lead volume since the beginning of the year, according to the latest executive survey results, released...
Industry must capitalize on ‘historic moment’ of change for skilled nursing: expert
By
Amy Novotney
Apr 14, 2021
The COVID-19 pandemic has exposed the country’s long-term care system, particularly in skilled nursing facilities, as “deeply flawed, chronically underfunded and in need of reform,” according to...
Long-term care lenders say COVID-19 continues to affect terms, requirements
By
Amy Novotney
Apr 07, 2021
As senior living and skilled nursing residents complete their COVID-19 vaccinations and case counts continue to decrease within the setting, some banks may be getting ready to re-enter the long-term care...
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...
COVID-19 ‘nightmare’ provides ‘teachable moment’ for industry: NIC panel
By
Kimberly Bonvissuto
Oct 07, 2020
COVID-19 is “a nightmare beyond any worst-case scenario” for the senior living and care industry, but the overriding message is “we’re going to get through this,” Mark Parkinson, president and...
NIC panelists remain bullish, despite COVID-19
By
Amy Novotney
Jun 05, 2020
Although COVID-19 continues to hit the seniors housing industry hard in terms of increased operational expenses, most investors and capital providers still believe the sector is likely to withstand the...