The assisted living industry has its largest presence in the West, according to a new report on the nation’s long-term care providers that examines the geographic distribution of the five main types of long-term care services. Assisted living is the only long-term care segment whose majority presence is not in the South, which has the […]
Category: Chart of the Day
In Colorado, the market share for all types of age-restricted senior housing and care is nearly 17%, with affordable housing and skilled nursing as the most prevalent settings for seniors age 65 and older, according to Boulder-based consulting firm The Highland Group Inc. Statewide, 83.1% of all 65+ households live in regular mixed-age housing, according […]
For the first six months of 2013, the ratio of credit rating upgrades for senior living provider debt has outpaced downgraded ratings for the strongest ratio since 1997, according to a Z-News report from Ziegler. Through June 30, 2013, the 10 ratings changes in the senior living sector—as reported by Fitch Ratings, Standard and Poor’s, […]
An aging population doesn’t necessarily mean an increase in the number of Medicaid beneficiaries, especially for those using the federal program to fund nursing home stays, according to a recent chart from AARP. Although nursing homes are one of the biggest drivers of Medicaid costs among the older population, notes AARP, use in these care […]
Less than 10% of Americans aged 40 or older have moved into a senior living community as part of a plan to prepare for their future long-term care needs, reveals a report from The Associated Press and NORC funded by The SCAN Foundation. Even though 48% of Americans in this age demographic believe a majority […]
In the last 12 months, cap rates for senior housing transactions have been declining and have been flat so far in 2013, according to data released by the National Investment Center (NIC) for the Seniors Housing & Care Industry. February 2013’s cap rate of 7.5% represents an 80 basis point decline from one year prior. […]
Even though the number of senior care options has expanded in the past couple decades as different models have developed and evolved, consumer trends have stayed much the same with some small adjustments following the Great Recession. The Google Trends chart below shows consumer interest in five search terms between January 2004 and April 2013, where purple […]
Housing remained the largest expenditure for people aged 65 and older in 2010, according to a Social Security Administration report on Expenditures of the Aged, released in March. For those with earned income, 34% of annual expenditures went toward housing, up slightly to 36% for those without any earned income. Other expenses included out-of-pocket healthcare, […]
The number of CEOs of not-for-profit senior living organizations who are likely to retire soon is on the verge of a rapid acceleration, suggests a recent Ziegler CFO HotlineSM survey, but not many of those organizations have transition strategies in place. Looking at the top 15 LeadingAge Ziegler 100 senior living organizations, 10 have CEOs […]
The majority of the nation’s oldest citizens do not live by themselves—they live in some sort of communal setting or with family members, and in the next four decades their ranks are projected to grow substantially. Only a little more than third of centenarians, both male and female, lived alone in 2010, according to […]