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.
As 2020 begins, the senior living industry is preparing for the changing needs and wants of current and future residents as workforce and occupancy issues continue to challenge operators, according to leaders of several organizations serving providers, who shared their thoughts with McKnight’s Senior Living.
Despite improvements, numerous areas of senior housing still demand innovation. How will regulation help — or hurt — innovations in those areas?
Three senior living organizations changed places within the top 10 on the 2019 LeadingAge Ziegler 200 list of largest not-for-profit multi-site senior living providers compared with 2018.
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts from NIC and elsewhere, however, give hope.
Download: Dealmaker’s Handbook 2019 Inside: Opportunities ahead Here’s what I’m telling my members: Insights from the leaders of the National Investment Center for Seniors Housing & Care, the American Health Care Association / National Center for Assisted Living, LeadingAge and Argentum SNFs and PDPM, ready … or not? Yellen to be heard at NIC Middle…
The senior living industry must focus on innovation and “much-needed change” if it is to attract more residents and cultivate new revenue streams, according to a new issue brief from the American Seniors Housing Association.
Despite a 15% reduction in units over the past year, Brentwood, TN-based Brookdale Senior Living is “still well ahead of the rest of the pack,” holding onto the No. 1 spot on Argentum’s new list of the 140 largest senior living providers, the association said Wednesday.
Brentwood, TN-based Brookdale Senior Living tops the 2019 ASHA 50 list of largest U.S. senior housing operators, and Toledo, OH-based real estate investment trust Welltower tops this year’s ASHA 50 list of largest owners.
Senior living organizations’ successes in addressing the industry’s top challenge — recruiting and retaining employees — were the center of attention Thursday as Great Place to Work and Fortune Magazine released their lists of Best Workplaces for Aging Services for 2019.
