Occupancy declines continue, despite new admissions: report
By
Amy Novotney
Jul 01, 2020
Occupancy downturns are continuing, even as many senior living operators begin accepting new residents. It’s a sign that the industry still has a long, slow recovery ahead, according to a report...
Aegis Living CEO: ‘Not sure everyone is going to make it’
By
Amy Novotney
Jun 19, 2020
Experienced senior living operators are adapting to the effects of the COVID-19 pandemic and expect to come out strong on the other side of the current recession. Not all operators will survive, however,...
Occupancy rebound gains momentum: NIC
By
Amy Novotney
Jun 12, 2020
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...
Residents in for-profit nursing homes face higher COVID-19 risk, study finds
By
Amy Novotney
Jun 12, 2020
A preliminary analysis of data released Wednesday on the incidence of COVID-19 cases in nursing homes finds more cases per capita in for-profit facilities compared with nonprofit or public homes.
NIC panelists remain bullish, despite COVID-19
By
Amy Novotney
Jun 05, 2020
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...
Pandemic causing less disruption in occupancy rates among CCRCs compared with non-CCRCs: report
By
Amy Novotney
Jun 05, 2020
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...
COVID-19 pushed SNF occupancy to lowest levels since 2012 in March: NIC
By
Amy Novotney
Jun 02, 2020
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...
Pace of move-ins appears to be improving: NIC
By
Amy Novotney
Jun 01, 2020
A growing number of operators across all care segments now are reporting an increase in move-ins, according to data from the most recent Executive Survey results from the National Investment Center for...
Belmont Senior Living president: Operating costs triple when facility has a positive case of COVID-19
By
Amy Novotney
May 22, 2020
A positive case of COVID-19 can more than triple a senior living operator’s equipment costs to prevent the virus’ spread, according to Belmont Village Senior Living President Mercedes Kerr. Kerr joined...
Seniors housing new normal likely to include updates to dining, beautician services, security measures...
By
Amy Novotney
May 22, 2020
Virginia-based LifeSpire Living has a tentative date set of June 10 for the reopening of its four continuing care retirement communities to visitors and new residents. But as Jonathan Cook, the operator’s...