More than half of the operators with memory care units saw September move-ins increase — the biggest jump within this sector since the pandemic began. That’s according to data collected from the most recent Executive Survey results from the National Investment Center for Seniors Housing & Care.
The latest survey — Wave 12 — included responses collected between Sep. 15 and 27 from owners and executives across 67 senior living communities and skilled nursing facilities.
Two possible reasons were suggested for the increase: heightened demand and discounts. Half of operators reported offering rent concessions in Wave 12 of the survey, up from one-third in Wave 10, which was conducted in late July.
In addition, survey data found that more organizations are using agency or temp staff to fill staffing vacancies. In Wave 12, more than half of respondents (57%) were tapping agency or temp staff to mitigate staffing shortages. That’s up from 36% in Wave 3, and has only added to increasing operating costs since the pandemic began.