NIC - McKnight's Senior Living

NIC

Occupancy rebound gains momentum: NIC

The share of organizations reporting an increase in occupancy from the prior month increased to its highest level since early April last week, according to data from the most recent Executive Survey results from the National Investment Center for Seniors Housing & Care.

NIC panelists remain bullish, despite COVID-19

Although COVID-19 continues to hit the seniors housing industry hard in terms of increased operational expenses, most investors and capital providers still believe the sector is likely to withstand the current recession pretty well, according to speakers at a National Investment Center for Seniors Housing & Care “Leadership Huddle” webinar Thursday.

Pandemic causing less disruption in occupancy rates among CCRCs compared with non-CCRCs: report

Although the pandemic has slowed the pace of move-ins for all seniors housing and care communities, continuing care retirement communities seem to be outliers. These settings generally have been experiencing less disruption to move-in rates and have seen greater stability in occupancy rates, according to a report released Thursday by the National Investment Center for Seniors Housing & Care, using a subset of the firm’s Executive Survey findings.

Empty Bed in Nursing Home

COVID-19 pushed SNF occupancy to lowest levels since 2012 in March: NIC

Skilled nursing occupancy numbers suffered their biggest hit since 2012 in March, as the initial effects of the COVID-19 pandemic began to set in. According to monthly data released Monday from the National Investment Center for Seniors Housing & Care, SNFs suffered a 132-basis point decline from the prior month and a 53-basis point decline from year-end 2019, declining to an occupancy rate of 83.4% in March.

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