About a year from now, the story coming out of the National Investment Center for the Seniors Housing & Care Industry conference will be around how operators are clutching their pearls about the decline in assisted living occupancy.
Assisted living continues to boom in the seniors housing market, but caution is needed as more units are slated to open in mid-2014, said experts Thursday at the annual meeting of the National Investment Center for the Seniors Housing & Care Industry.
A McKnight's Super Tuesday webcast on June 11 will present the latest on capital availability, occupancy data, rent levels, payment growth notes, and more for senior care operators. There is no cost for attendees to register or earn the accompanying continuing education credit. The session will feature chief market and data strategist Michael Hargrave, VP of the NIC MAP service. It will be moderated by McKnight's Editorial Director John O'Connor. "Capital Update: Key issues to watch" is sponsored by GE Capital and will start at 1 p.m. ET.
We have a family that insists on bringing in a space heater for their mom's room during the winter to "make her happy." Are space heaters permitted in rooms in skilled facilities such as ours?
With credit from private lenders tight, nursing homes are increasingly turning to the federal government for mortgage loans, according to a Thursday article in the Wall Street Journal.
Continuing care retirement communities can improve their occupancy rates by incorporating senior move management services into their move-in enticement options.
Occupancy rates in senior housing showed strong improvement during the first quarter of 2011, growing 0.2% from the previous quarter and 0.6% over the same quarter a year ago. This represents the fourth consecutive quarter that the rate has risen, according to data released Thursday by the National Investment Center for the Senior Housing & Care Industry.
Occupancy in the assisted living and independent living sectors has leveled off in the past year after steadily declining since the early part of 2007, according to a soon-to-be-released report from the National Investment Centers for the Seniors Housing & Care Industry.
While the economy may be picking up, independent living companies are still feeling the effects of lower occupancy. As a result, many are offering deals to potential residents, according to a news report.
President Barack Obama is set to unveil his 2010 budget proposal Thursday, causing anxious senior care groups to issue a call for Medicare funding protection.
The average skilled nursing occupancy rate held steady, while rates for assisted living and independent living fell noticeably. That is according to the National Investment Center for the Seniors Housing and Care Industry's Market Area Profiles (NIC MAP) statistics released Thursday.
Sens. Herb Kohl (D-WI) and Pete Domenici (R-NM) are urging Congress to pass the Patient Safety and Abuse Prevention Act, which would provide funding to all 50 states to help create a nationwide infrastructure of background checks in the long-term care field.
It's hardly a secret that eldercare services in this nation are in a state of flux. The average age of nursing homes in most metro markets has surpassed 30 years.
A new analysis of trends in New York nursing home care reads like a summary of what is happening around the country. In short: more shorter stays for residents, as well as more sicker or cognitively impaired residents.
Question: Under what circumstances can I discharge a resident we no longer want to serve?
Beth Baker, Author, Old Age in a New Age, about new nursing home models
Motown receives its first new nursing home since the 1980s. Private rooms lend a homelike touch to the renovated hospital space