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 […]
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 […]
If you are thinking increasing rates 3% to 4% is enough, you are probably in trouble. We see many operators of Assisted Living, Memory Care or Skilled Nursing Facilities who have gotten their top line revenue, and gross revenue, back close to pre-Covid levels, but their bottom lines are lagging far behind due to their […]
The National Senior Housing Market: 2020 Midyear Review The Senior Housing sector ushered in 2020 on track for another record-setting year… then COVID-19 happened. As this global pandemic wreaked havoc around the world, it became very apparent that those over the age of 65 were particularly vulnerable. Unfortunately, the Senior Housing sector as a whole […]