COVID-19 | Market Trends | Senior Housing
By: Beth Mace and Anne Standish | May 11, 2021
Key Takeaways. This blog examines the impact COVID-19 deaths through late-April 2021 have had on near-term supply needs for seniors housing.
COVID-19 | Executive Survey Insights | Senior Housing
By: Lana Peck | April 29, 2021
“The market fundamentals in the Wave 26 Executive Insights survey data through mid-April show signals of headway. Leads volume is up and the shares of organizations reporting accelerations in move-ins continues to trend positively with each of the care segments reaching new high points in the survey time series. Exactly when these leading indicators will translate into higher occupancy rates being reported across the sector is yet to be seen.”
COVID-19 | Skilled Nursing | Skilled Nursing Tracker
By: Omar Zahraoui | April 15, 2021
On March 28, new cases of COVID-19 among skilled nursing facility staff were 2.4 times higher than among residents for the first time since CMS started reporting data in late May.
COVID-19 | Executive Survey Insights | Senior Housing
By: Lana Peck | April 15, 2021
“On one hand, the market fundamentals continue to show signals of progress due to the availability and widespread distribution of the COVID-19 vaccine among America’s seniors—on the other hand, staffing challenges and wage pressures are continuing to put strain on NOI for many operators. These data from the Wave 25 survey support trending improvement in the pace of move-ins and in occupancy rates across each of the care segments. However, staffing shortages that were experienced by many operators prior to and exacerbated by the pandemic persist. Currently, two-thirds of organizations report staffing shortages within their portfolio of properties. Adding to the challenge, nearly all respondents to the Wave 25 survey were paying staff overtime hours, and four out of five organizations were tapping agency/temp staff. The Wave 26 survey currently collecting data will explore strategies operators are implementing to attract staff.” –Lana Peck, Senior Principal, NIC
