Assisted and independent living hit new occupancy lows: NIC
By
Amy Novotney
Dec 17, 2020
The stabilized occupancy rate for majority assisted living properties fell again in November, dropping 0.1 percentage point to 80.6%.
Business briefs for Wednesday, Dec. 16
By
Amy Novotney
Dec 16, 2020
Nursing and residential care employment has fallen 7.4% since February … Welltower occupancy declines continue; 4Q COVID costs higher than expected … Industry leaders stress action on combined COVID...
‘Our industry will forever be better and stronger’ as a result of COVID-19: Invesque CEO
By
Amy Novotney
Dec 15, 2020
The senior living industry will emerge from the COVID-19 pandemic with a greater appreciation for the value of its care providers and the myriad of unique and necessary services provided in the facility...
Vaccine priority may not be enough to boost senior living occupancy: speakers
By
Amy Novotney
Dec 14, 2020
Even as the first doses of a COVID-19 vaccine are set to be administered this week, many in the senior living industry are predicting a long, dark winter ahead, with continuing occupancy and move-in rate...
Subtle signs point to start of recovery for senior living industry
By
Amy Novotney
Dec 10, 2020
One positive to the otherwise devastating effects of the COVID-19 pandemic on the senior housing industry has been that it appears to be helping to more favorable align future supply and demand fundamentals,...
Expect 3 to 4 years before senior living returns to pre-pandemic health: investors
By
Amy Novotney
Dec 10, 2020
Thanks to lockdowns, move-in restrictions and ongoing low occupancy rates, the senior living sector has been the weakest part of most of the major healthcare real estate investment trusts over the past...
Business briefs for Thursday, Dec. 10
Dec 10, 2020
Brookdale occupancy drops to a low of 73% in November … Secondary employment among nurses and direct care workers tied to COVID-19 transmission in nursing homes: study … OSHA fines long-term care providers...
All sectors but IL see highest month-over-month occupancy declines since June amid COVID surge: NIC survey
By
Amy Novotney
Dec 07, 2020
Between 42% and 54% of organizations with assisted living units, memory care units or nursing care beds reported occupancy declines over the past 30 days, according to data collected from the most recent...
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...
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...