NIC Notes

Insights in Seniors Housing & Care

Forgotten Middle  |  Senior Housing  |  assisted living  |  home care

Senior Housing & Care’s Middle Market: Key Takeaways From Housing for America’s Older Adults 2023

By: Lisa McCracken  |  December 07, 2023

This year’s Housing for America’s Older Adults report, produced by the Joint Center for Housing Studies of Harvard University and supported with funding from NIC, includes a special, independent analysis on the middle-market older adult. It underscores that the private and public sectors still have work to do to expand housing access and care choices for middle-income older adults as they age.

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.

Market Trends  |  NIC MAP Vision  |  Senior Housing  |  assisted living  |  independent living  |  occupancy

Senior Housing Occupancy Rate Over Halfway Back to Pre-Pandemic Level

By: Omar Zahraoui  |  November 10, 2022

The all-occupancy rate for senior housing for the NIC MAP Primary Markets increased to 82.8% in the October 2022 reporting period, up 0.6 percentage point (pps) from the September 2022 reporting period on three-month rolling basis, according to intra-quarterly NIC MAP® data, released by NIC MAP Vision. From its pandemic record low of 77.9% in June 2021, senior housing all-occupancy increased by 4.9pps and is now more than halfway in the road to recovery, with a gap of 4.4pps from the pre-pandemic March 2020 level of 87.2%.

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