Senior housing and care lending relatively weak in second quarter: NIC
By
Kathleen Steele Gaivin
Nov 10, 2023
Senior living and care-related lending was relatively weak in the second quarter, likely due to yet another 0.25 percentage point rate increase from the Federal Reserve and significant disruptions among...
Staffing remains top challenge for senior living operators: NIC
By
Kimberly Bonvissuto
Dec 17, 2021
Staffing shortages continue to plague senior living and other long-term care operators, with attracting community and caregiving staff remaining a “significant challenge,” along with increasing turnover,...
Liability claims lead to higher premiums, reduced coverage for senior living providers
By
Kimberly Bonvissuto
Nov 24, 2021
Insurance premiums are rising and coverage is tightening, leaving senior living providers facing significant increases in loss costs, according to a new claims benchmarking study from Willis Towers Watson.
Senior living outlook remains positive as industry adapts to challenges from COVID-19: report
By
Kimberly Bonvissuto
Jun 03, 2020
The long-term outlook remains positive for the senior living industry, which is adapting to change brought on by the COVID-19 pandemic, according to a new report.
Residents must advocate for recommended HIV testing: researchers
By
Lois A. Bowers
Aug 27, 2015
New research suggests that your residents may need to speak up to their physicians to ensure that they receive the HIV screening that the CDC recommends. The advice may be especially important for older...
Financial effects of pandemic hitting senior living hardest now, members of Congress tell HHS
By
Lois A. Bowers
Nov 16, 2020
Senior living operators need “urgent financial resources” to fight the coronavirus pandemic, a bipartisan group of members of the House of Representatives told Health and Human Services Secretary Alex...
NIC: Assisted living occupancy rate strongest in 2 years at 85.7 percent in fourth quarter
By
Lois A. Bowers
Jan 10, 2020
Assisted living occupancy increased to 85.7% in the fourth quarter of 2019, up from a recent record low of 85.1% earlier in the year as demand outpaced new inventory growth, according to data released...
Marketing campaign aims to share benefits of senior living in COVID-19 era
By
Kimberly Bonvissuto
Sep 10, 2020
A new marketing campaign is bringing together unaffiliated senior living communities and sponsors to communicate the benefits of senior living to prospective residents and their families in the era of...
Latest senior living stats reason to be ‘cautiously optimistic’ about comeback from pandemic
By
Lois A. Bowers
Oct 08, 2021
The latest NIC MAP quarterly data, released Thursday, provide reasons to be “cautiously optimistic” about the senior living industry’s comeback from the pandemic, National Investment Center for Seniors...
Senior living continues to see job growth, although rate is slowing
By
Lois A. Bowers
Jan 05, 2017
The senior living industry has been among the top industries for post-recession job creation, and employment in the industry continues to increase, although the overall rate of growth is slowing, according...