Senior Housing Occupancy Falls to Another Record Low in Q3

Covid-19 continues to adversely affect senior housing occupancy, which reached another record low in the third quarter of 2020, according to data released by the National Investment Center for Seniors Housing & Care (NIC). The average occupancy rate across NIC’s 31 primary markets fell to 82.1% – a 2.6 percentage point decline from the second […]

Holiday, Brookdale, LCS Adopt New Workforce Practices During Covid-19 ‘Reinvention’

The coronavirus pandemic has challenged senior living providers like perhaps never before — but it’s also given them a chance to reinvent the way they’re recruiting and retaining employees. Put another way, the pandemic and all of its pressures have acted almost as an “unscheduled audit,” according to Lilly Donohue, CEO of Winter Park, Florida-based […]

Federal Assisted Living Regulation May Now Be Inevitable, Could Bring Industry Benefits

The Covid-19 pandemic has accelerated the integration of senior living communities within the broader U.S. health care system, which has opened new business opportunities but also increases the likelihood of federal regulations for assisted living. “I think it’s inevitable that we’re going to start to see a regulatory framework at the federal level,” Anne Tumlinson, […]

Nonprofit Senior Living Model of the Future Emerges As Providers Expand, Diversify

While for-profit senior living providers are still expanding at a much more rapid pace, nonprofits are continuing to gain scale and sophistication in the midst of Covid-19, and are strategizing about how best to compete and command market share coming out of the pandemic. The “optimum” nonprofit senior living system of the future likely will […]

52% of Senior Housing Leaders Say Operating Expenses Will Be Permanently Higher

A majority of senior living professionals believe that the Covid-19 pandemic will result in permanently higher operating expenses. That’s according to the 2020 Seniors Housing Investor Sentiment Survey from National Real Estate Investor and the National Center for Seniors Housing & Care (NIC). This year’s survey garnered responses from 167 participants from a range of […]

Senior Housing Occupancy Falls At Fastest Rates Since April

Senior housing occupancy rates last month fell at their fastest pace since the early days of the coronavirus pandemic. Assisted living occupancy, notably, fell 170 basis points to 82.9%, according to the latest intra-quarterly report from the National Investment Center for Seniors Housing & Care’s (NIC) NIC MAP data service. That is near a record […]

Covid-19 Bulletin: Legal Immunity for California Providers in Doubt; Massachusetts Slow to Report Covid-19 Assisted Living Data

Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and information that we identify as especially pertinent to senior living. The team at SHN knows how important your work is right now; we thank you and […]