An average of 50% organizations with nursing care beds reported occupancy increases for the period Feb. 8 to May 2, according to the National Investment Center for Seniors Housing and Care’s Executive Survey Insights released Thursday.
There were no notable increases in residents moving out of such facilities.
Between two-thirds and one-half of respondents to NIC’s Wave 27 survey indicated that the pace of move-ins accelerated in the past 30 days. The highest share of move-ins came from the assisted living segment, whereas the lowest came from the nursing care segment. The independent living care segment was somewhat in the middle, NIC said.
According to NIC MAP data, approximately 50% of senior housing venues that responded to this wave of the survey said they were offering rent concessions to draw in new residents since July 2020. Currently, two-thirds of organizations with three or more properties in their portfolios are offering rent concessions at more than half of their properties.
NIC’s Skilled Nursing COVID-19 Tacker data show that COVID-19 cases in skilled nursing communities have decreased sharply and at a faster pace than the broader population since residents and staff members began to receive the Pfizer and Moderna vaccines.
The slowing of COVID-19 infections is leading to a shift in the social aspect of senior living and care, NIC said. As visitation restrictions and social requirements mandates slowly ease, communal dining and group activities are starting up again, the organization said, noting that even off-campus outings are slowly happening in some spots.
