NIC Notes

Insights in Seniors Housing & Care

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. 

Economic Trends  |  Ideas and Discussion  |  Market Trends  |  Senior Housing  |  Workforce  |  staffing

Emerging Trends in Senior Housing

By: Beth Mace  |  November 17, 2022

This article originally appeared in the “Emerging Trends in Real Estate® 2023” report issued by the Urban Land Institute and PwC. Data cited in article as of original publish date; more current data may be available.    Major factors influencing senior housing continue to evolve. Some trends are well known while others are still developing. In 2022 and into 2023, trends for senior housing include the following:

Skilled Nursing  |  Skilled Nursing Tracker  |  Workforce  |  staffing

Skilled Nursing Staffing Shortages May Have Peaked but Cycle Continues

By: Omar Zahraoui  |  October 13, 2022

With wage inflation and continued labor market challenges and shortages, skilled nursing operators and owners face steep competition relative to other industries (i.e., indirectly from other service industries such as hotels and restaurants) especially those operating in regions and states where broad labor availability is tight and employer demand is high. Additionally, amid generally low occupancy levels, skilled nursing owners and operators face challenges over the long term with new and proposed staffing mandates and requirements. 

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