By: Jenny Zhao | August 13, 2019
The seniors housing resident profile has changed since the industry’s early days in the 1990s. Seniors are generally choosing to enter a community later in life as better medical care and quality of life continues to increase life expectancy. Americans are staying healthier for longer, so it’s not surprising that the industry has observed a gradual increase in a resident’s average age as many are now choosing to enter seniors housing well into their 80s. According to a 2013 study conducted by American Seniors Housing Association and ProMatura Group of 6,858 IL rental customers, only 6% of IL rental customers were under the age of 75.
By: Jane Adler | August 13, 2019
Health isn’t just determined by eating right, staying fit and getting regular check-ups. Evidence is growing that other factors—the social determinants of health—have a huge impact on well–being and healthcare outcomes.
By: NIC | August 08, 2019
In NIC’s upcoming Fall Conference, attendees will have the opportunity to learn how to use consumer insights from other industries as they formulate strategies to address some of the challenges facing the seniors housing sector today. The session titled “Activating Consumer Insights: Lessons from Other Industries” is taking place on Thursday, September 12th at 2:15 to 3:30 PM CT and promises to be thought provoking and insightful.
By: Beth Mace | August 02, 2019
The Labor Department reported that there were 164,000 jobs added in July, quite close to the consensus estimate. The July increase in jobs marked the 106th consecutive month of job growth. The latest six-month average increase is 140,000, the fewest in seven years and less than last year’s 223,000 monthly average. Nevertheless, the pace of job gains is relatively strong and generally stronger than the levels that have usually prompted the Federal Reserve to cut interest rates in the past. That said, pressures associated with trade tensions and potential further trade-related weakness in the economy suggest that the Fed may be cutting rates further in September after this month’s 25 basis point reduction.
