Skilled nursing occupancy reached a new low in the third quarter at 81.6%, according to the National Investment Center for Seniors Housing & Care’s (NIC) new report on skilled nursing occupancy and revenue trends. Downward pressure on occupancy has been steady since May 2015, and the decline for this year—quarterly occupancy fell 29 basis points […]
National Investment Center for Seniors Housing and Care
Skilled nursing mergers and acquisitions (M&A) activity contributed to an overall strong third quarter, as as nursing care accounted for $3.5 billion of the total $5.0 billion in transactions volume for the quarter, according to a report by the National Investment Center for Seniors Housing and Care (NIC). Seniors housing accounted for the remainder ($1.5 […]
Nursing care occupancy experienced a dip last quarter, according to data released Tuesday by the National Investment Center for Seniors Housing & Care (NIC). Specifically, average nursing care occupancy fell from 86.6% in the second quarter of 2017 to 86.2% in the third quarter of 2017, the data show. The 86.2% figure is the lowest NIC has […]
Investing in the professional development of immigrants who work as long-term caregivers, as well as helping them integrate into the American culture and its norms, is crucial to combatting the long-term care industry’s labor shortage. This is according two former national governmental figures who spoke Wednesday in a debate titled, “The Impact of the Trump […]