By: Ryan Brooks | May 04, 2023
“When aggregated across all care segments, one-half of responding operators (52%) report an acceleration in the pace of move-ins in April 2023. This marks the highest level of operators reporting an acceleration since April 2022, when 54% of organizations reported the pace of move-ins to be accelerating. However, this is still below the peaks experienced from April to July 2021, when approximately 60% of operators reported an acceleration in the pace of move-ins. The higher cost of debt is having an influence on organizations’ development pipeline. More than one-half of independent living operators (57%) report the higher cost of debt is having a significant impact to their development pipeline, followed by one-half of memory care (50%) and assisted living (49%) operators. Just under one-third of nursing care operators (29%) report the higher cost of debt having a significant impact on their development pipeline.”
COVID-19 | Regulatory Environment | medicaid | medicare | telehealth
By: Ryan Brooks | April 19, 2023
Based on current COVID-19 trends, the Department of Health and Human Services is planning for the federal Public Health Emergency (PHE) for COVID-19 to expire on May 11, 2023. The impacts of the public health emergency ending will vary by state, depending on specific policies and programs that were put in place during the emergency.
Economic Trends | Executive Survey Insights | Senior Housing | Workforce
By: Ryan Brooks | April 13, 2023
“Respondents were asked what areas have been impacted by the rising interest rate environment. Recapitalizing properties was the area most reported to be affected by rising interest rates (51%), followed by the ability to purchase properties (36%). Across all care segments, less than one in ten operators (7%) indicate that the rising interest rate environment has impacted all these abilities.
Business Environment | Senior Housing | Skilled Nursing | Workforce
By: Ryan Brooks | March 10, 2023
“In a new question to the ESI, respondents were asked what areas have been impacted by the rising interest rate environment. Purchasing properties was the area most reported to be affected by rising interest rates, followed by the ability to recapitalize properties. Across all care segments, one in twelve operators (8%) indicate that their abilities to purchase, sell, and recapitalize properties have all been impacted by the rising interest rate environment.
