The coronavirus situation is changing rapidly, but National Investment Center for Seniors Housing and Care Chief Economist Beth Burnham Mace recently spent some quality social distancing time on the telephone with McKnight’s Senior Living to share her insights on where things stand and where they might be headed.
The coronavirus has not negatively affected senior living community move-ins to date, according to the results of a newly released survey conducted by Activated Insights in conjunction with the National Investment Center for Seniors Housing and Care. In fact, in some cases, occupancy has seen a recent improvement.
As a country, we must understand the vital role served by the men and women who provide care in our senior living communities and skilled nursing facilities — and give them the support they require.
U.S. stocks closed higher Thursday after central banks around the world rolled out several emergency measures designed to lessen the economic fallout stemming from the coronavirus pandemic. Between Wednesday and Thursday, the Federal Reserve launched a new lending facility to backstop U.S. money-market mutual funds and extended its currency exchange program with other central banks, and the Bank of England lowered its benchmark interest rate to a record low, according to reports.
Concerns over additional virus contagion and occupancy declines in seniors housing are taking a toll on industry stock prices, the Wall Street Journal reports.
McKnight’s Long-Term Care News’ Spring Online Expo today features a 1 p.m. ET presentation by National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace. She will discuss how today’s current economic conditions will shape the types and costs of capital sources operators can count on during the year ahead.
National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace will examine senior living and skilled nursing fundamentals and the outlook for the sectors tomorrow during a McKnight’s Long-Term Care News Spring Online Expo presentation.
We need to give this emerging virus the respect and response it deserves. But let’s also try to keep things in perspective.
Labor markets are tight, but data from the U.S. Bureau of Labor Statistics suggest a few groups that senior living and care operators might want to court for new workers, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham Mace said Friday.
Panelists discussed how to cost-effectively deliver healthcare to middle-income older adults in senior housing on Thursday at the NIC Spring Conference.
Congress should prioritize the needs of senior living and nursing home residents in any funding efforts related to the coronavirus disease 2019 (COVID-19), American Seniors Housing Association President David Schless told the chairs and ranking members of Senate and House committees overseeing appropriations and healthcare.
SAN DIEGO — A new analysis makes a case for senior living operators to leverage the value of their settings to work with payers and healthcare providers to improve resident health and save the healthcare system money.
LeadingAge on Wednesday urged federal policymakers “to address the needs of older adults living in other congregate and community-based settings” in addition to the needs of nursing home residents when making plans to fight the coronavirus known as COVID-19. The statement came as the U.S. death toll from the virus rose to 11 and Congress agreed to a $7.8 billion funding package to fight COVID-19.
SAN DIEGO — As the National Investment Center for Seniors Housing & Care seeks to expand its Actual Rates Initiative to 10 metro areas this year, a challenge continues to be incorporating data from a high percentage of any given market, President and CEO Brian Jurutka said Wednesday at NIC’s Spring Conference.
Pricing in both seniors housing and care saw positive upswings in 2019, according to two recently published market analyses.
When people discuss how freely capital now flows in this sector, demographics and a strong economy usually get the credit. Often overlooked is the man perhaps most responsible for opening the spigot.
Twenty-two women will be inducted into the McKnight’s Women of Distinction Hall of Honor as part of the second annual class.
Technology and capital will be two of the topics when the McKnight’s Spring Online Expo returns for the 14th year on Wednesday, March 18, and Thursday, March 19.
A life plan community’s amenities, religious affiliation and geographic location may give its residents an edge on health and wellness, according to the results of the second year of the five-year Age Well Study being conducted by Mather Institute and Northwestern University. The results were released Tuesday.
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 Thursday by the National Investment Center for Seniors Housing & Care. The rate marked the strongest occupancy in assisted living in two years.