NIC Notes

Insights in Seniors Housing & Care

Ideas and Discussion  |  Senior Housing

Are Seniors Better Together? The Effect of Housing Status on Excess Mortality During COVID-19

By: Ryan Brooks  |  March 01, 2023

The COVID-19 pandemic has been devastating for older adults in the U.S., particularly those with existing chronic medical conditions and complex health care needs. Many of the individuals most impacted by COVID-19 reside in nursing homes, a setting that accounted for at least 25% of all COVID-19 deaths. This setting is often conflated with senior housing, even though they are distinct care settings and serve different, although at times overlapping, populations.

Business Environment  |  Executive Survey Insights  |  Skilled Nursing  |  assisted living  |  staffing

Executive Survey Insights | Wave 49: December 12, 2022 to January 15, 2023

By: Ryan Brooks  |  January 19, 2023

“In the Wave 49 survey, respondents were asked when their organization expected to return to pre-pandemic occupancy levels. Across all care segments the most common response was for occupancy to return at some point in the first half of 2023. Independent living (52%) and memory care (53%) operators were the most optimistic respondents, with more than half anticipating their organization’s occupancy levels would return to pre-pandemic levels within the next six months.

Business Environment  |  COVID-19  |  Executive Survey Insights  |  Market Trends  |  Senior Housing  |  Skilled Nursing

Executive Survey Insights | Wave 48: November 14 to December 11, 2022

By: Ryan Brooks  |  December 15, 2022

“Organizations reporting an increase in the pace of move-ins has held steady now for several consecutive waves. When the BA.4 and BA.5 variant surge occurred in summer of 2022, the rate dropped from more than 50% of operators reporting an increase in the pace of move-ins to the current ~40%. Operators may now be combatting what is being referred to as the ‘tripledemic’ – a collision of RSV, influenza, and COVID-19 that is sickening millions – which may be tempering move-ins. Lead volumes being reported are higher now than in most previous waves, but as noted above with the pace of move-ins holding steady, the reported increase in lead volumes is not yet materializing with move-ins." --Ryan Brooks, Senior Principal, NIC

Business Environment  |  Executive Survey Insights  |  Market Trends  |  Senior Housing  |  Skilled Nursing

Executive Survey Insights Wave 47: October 17 to November 13, 2022

By: Ryan Brooks  |  November 17, 2022

“Single-site operators and those with between two and nine properties were more likely to be considering product diversification, with single-site operators favoring lower acuity settings (36%) and those with between two and nine properties equally considering lower acuity (20%) and higher acuity settings (20%). With regards to expected changes to various care segments in their portfolio of properties, approximately half of respondents expect to increase the active adult (age 55+) and independent living care segments, while just under one-half (45% and 41%) anticipate increases in their assisted living and memory care segments. When asked about the contributing factors to the acceleration of move-outs, operators cite residents moving to higher levels of care as the leading cause (45%), followed by deaths (35%), resident and family member concerns (10%), natural disasters (5%), and current economic conditions (5%).”

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