Almost three-fourths of senior living residents in assisted living and memory care are living with behavioral health needs such as depression, anxiety and addiction. That was one eye-popping statistic from a study released last month by the National Investment Center for Seniors Housing & Care (NIC) and NORC at the University of Chicago. Independent living […]
NORC
In the last month, a number of reports have provided data points that shed light on what the future holds for senior living. These reports have included an update on the middle market opportunity, a definition of the active adult rental sector, a breakdown of health conditions and spending among residents, a deep-dive into memory […]
A new study is shedding light on the number of chronic conditions the average senior living resident manages, and how much it costs them annually. The average older adult residing in either a senior living community or nursing home manages about a dozen or more chronic conditions such as asthma, high blood pressure, high cholesterol […]
A slight majority of communities reported no deaths related to Covid-19 in 2020. That’s according to a new study released Thursday by NORC at the University of Chicago, which reveals the extent to which Covid-19 impacted senior care settings across different levels of care. Notably, two-thirds of independent living communities studied reported no deaths from […]
Millions more older Americans could afford private-pay senior living and over the next decade if providers find a way to trim average annual cost for residents by $10,000 to $15,000 per resident. That’s according to a new analysis of research on the middle-market opportunities and challenges for the senior living industry. The research — conducted […]
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