NIC

Assisted living occupancy inches up in third quarter

Assisted living occupancy inches up in third quarter

Occupancy in assisted living communities averaged 86.6% during the third quarter, up 0.2 percentage point from the second quarter, when it had fallen to its lowest point ever for the second time in 11 years, according to data released Wednesday by the National Investment Center for Seniors Housing & Care's MAP Data Service.

5-year study aims to prove benefits of life plan community living

5-year study aims to prove benefits of life plan community living

A five-year study of more than 2,000 life plan community residents by the Mather LifeWays Institute on Aging and Northwestern University will try to determine the effects that living in such a community has on residents' long-term health and wellness, the institute announced Tuesday.

Four takeaways from the NIC meeting

Four takeaways from the NIC meeting

While I have been attending NIC conferences for more than two decades, I marvel at how relevant and informative they continue to be. The 2017 event was no exception. Here are but four takeaways from last week's event.

Kim Campbell is on a memory care mission

Kim Campbell is on a memory care mission

Three years after Glen Campbell received his Alzheimer's diagnosis, his wife, Kim, didn't know that memory care communities existed. Now she's on a mission to ensure that other family caregivers of those with dementia don't find themselves in the same position.

$16 million, 5-year study will test artificial intelligence in senior living

$16 million, 5-year study will test artificial intelligence in senior living

IBM and the University of California San Diego on Thursday announced a $16 million, five-year collaboration that will test how artificial intelligence, or AI, can be used to help detect mild cognitive impairment earlier in retirement community residents and other older adults.

Gingrich: Look to alternatives to immigration for workforce solutions

Gingrich: Look to alternatives to immigration for workforce solutions

Immigration isn't the answer to senior living's workforce challenges, former Speaker of the House Newt Gingrich told those attending Wednesday's opening general session of the National Investment Center for Seniors Housing & Care in Chicago. He offered several alternatives.

Senior living oversupply means $20 billion in capital not earning returns: NIC speakers

Senior living oversupply means $20 billion in capital not earning returns: NIC speakers

Oversupply in senior living means that almost $20 billion in capital is not earning returns in the marketplace, two speakers told those attending a Tuesday afternoon session at the National Investment Center for Seniors Housing & Care Fall Conference in Chicago.

Way to grow! NIC will focus on key issues

Way to grow! NIC will focus on key issues

The National Investment Center for Seniors Housing & Care's new CEO, Brian Jurutka, lays out the organization's plans for the future in this exclusive interview.

The real problem exposed by declining occupancy levels

The real problem exposed by declining occupancy levels

It's getting tougher to keep assisted living buildings filled, but some explanations as to why seem to be ill-fitting.

Joint effort aims to educate senior living executive directors about financial fraud

Joint effort aims to educate senior living executive directors about financial fraud

Four senior housing and care provider organizations have teamed up with the FINRA Investor Education Foundation to educate senior living executive directors about financial fraud and share resources that those leaders, in turn, can pass along to colleagues, residents and families.

Senior housing transaction volume down 78% in second quarter

Senior housing transaction volume down 78% in second quarter

Senior housing transaction volume in the second quarter was down 78% from the first quarter, mainly because of a decrease in institutional buyers, according to Bill Kauffman, senior principal at the National Investment Center for Seniors Housing & Care.

Inventory growth knocks assisted living occupancy to lowest point since 2009

Inventory growth knocks assisted living occupancy to lowest point since 2009

Occupancy rates for assisted living communities reached their lowest point in eight years in the second quarter, driven down by inventory growth that outpaced healthy absorption rates, according to data released Wednesday by the National Investment Center for Seniors Housing & Care's MAP Data Service.

More news for Thursday, July 13

Nursing care occupancy dropped to 86.5% in second quarter ... SEC brings fraud charges against telemarketers who allegedly told seniors to kill themselves ... Senate Aging Committee examines nutrition's role in healthy aging

Kramer: NIC transition will 'focus my passion'

Kramer: NIC transition will 'focus my passion'

As Robert Kramer prepares to pass the CEO baton to Brian Jurutka at the National Investment Center for Seniors Housing & Care, both discuss the organization's past and future in this exclusive interview.

NIC's Jurutka to succeed Kramer as president and CEO

NIC's Jurutka to succeed Kramer as president and CEO

Robert Kramer, CEO of the National Investment Center for Seniors Housing & Care, will step down July 17 from the leadership role he's held for 27 years, the group announced Thursday afternoon. Brian Jurutka, who has been NIC's president for the past two years, will take on CEO duties as part of the transition.

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In Focus

Oct. 11

Mock fire, real prep

Roanoke, VA

A recent fire and disaster response drill at Friendship helped with staff and responder preparedness.