Many years ago, when I was in operations and our Skilled Nursing Facility (SNF) was preparing for our annual survey, I heard that NOC shift employees were sleeping during their shift. I set my alarm for the middle of the night, snuck into the back door of the facility and as word spread that I […]
NIC Senior Housing Spring Conference 2022 Recap The JCH team had the pleasure of attending the Mid-year NIC Conference in Dallas last month. It was nice to reconnect with old friends and make new connections. Overall the conference was well attended, with the majority of attendees having a cautiously optimistic tone. Among the many topics […]
Looking Forward to 2022 in the Senior Housing Sector To look forward to 2022, one must look back to the unprecedented disruption to the world’s economy caused by COVID-19, in 2020 and 2021. As we all know, the senior housing sector was hit hard by this pandemic, causing significant loss of residents, and staff, as […]
JCH Closes Sale of Skilled Nursing Facility in Fresno, CA JCH is pleased to announce the successful sale of a Skilled Nursing Facility located in Fresno, CA. The property ultimately sold for $6,420,000. The seller who was an owner/operator, engaged JCH to help them find a qualified buyer. JCH initiated a very targeted approach when […]
Considerations for 2022 Resident Rate Increases As 2021 comes to an end most senior housing operators including Assisted Living, Memory Care, Independent Living are contemplating resident rate increases for their services. If you are thinking 3% to 4% you are probably in trouble. We see many Assisted Living, Memory Care and Independent Living clients […]
The National Senior Housing Market: 2021 Midyear Review The Senior Housing industry, while a need-driven business, is at least for the near future facing some uncertainty as they recover from declining census and increased expenses caused by the pandemic. Divided into three major market segments: unlicensed facilities such as Independent Living (IL), Active Adult, and […]