Skilled nursing edges toward 90% occupancy, absorption rate makes first gain in nearly a decade, NIC...
By
Tim Mullaney
Apr 14, 2014
Skilled nursing facilities’ occupancy rate continued to tick up in the first three months of 2014, while absorption flipped into positive territory for the first time in almost a decade, according...
Build to serve local needs, NIC leader advises long-term care operators
By
Tim Mullaney
Oct 16, 2013
Increasing demand for long-term care means that operators can realize solid returns on new construction, but they must gauge the potential for success on a market-by-market basis, according to the leader...
NIC: Senior housing sets record for absorption, nursing home occupancy flat
By
Tim Mullaney
Oct 14, 2014
The average occupancy rate for senior housing sailed past 90% in the third quarter, and the absorption rate set a single-quarter record, the National Investment Center for Seniors Housing & Care announced...
Nursing home inventory shrank, assisted living hit highest-ever growth rate, quarterly data shows
By
Tim Mullaney
Jul 14, 2014
Assisted living inventory growth reached a historic high in the second quarter of 2014, while nursing home inventory continued its slight downward trajectory, according to data released Friday by the National...
AL supply up, SNFs in decline
By
Tim Mullaney
Aug 01, 2014
Nursing home inventory is continuing its slow but steady downward trajectory, according to quarterly data released in July by the National Investment Center for the Seniors Housing & Care Industry.
Rents increased in nursing homes, independent living facilities, NIC quarterly data shows
By
Tim Mullaney
Jan 14, 2014
Nursing homes’ private pay rents increased in the fourth quarter of 2013, but independent living rents showed the biggest uptick in the seniors housing sector, according to data from the National...
NIC: Nursing home and assisted living occupancy remained static in 4th quarter
By
Tim Mullaney
Jan 12, 2015
The occupancy rate for nursing facilities and assisted living facilities held steady in the fourth quarter of 2014, while the rate for independent living continued its surge, according to data released...
Shaky economy makes planning difficult in the senior housing sector, economist says
By
Tim Mullaney
Oct 18, 2013
An uncertain economy is making it difficult for investors and operators to anticipate what kind of senior housing will be most in demand as baby boomers age, according to a prominent economist.
No evidence that opioids are effective for long-term pain management, NIH panel says
By
Tim Mullaney
Jan 20, 2015
There is no solid research showing that long-term opioid use is an effective treatment for chronic pain, a National Institutes of Health panel has determined.
Pest control owner faces possible imprisonment, million-dollar fines for services at Georgia nursing...
By
Tim Mullaney
Sep 13, 2013
The owner of a pest control company faces charges of improperly using a pesticide in nursing homes and engaging in a cover-up, which could result in prison time and stiff fines, according to the U.S. Department...