According to new data, occupancy at Continuing Care Retirement Communities (CCRCs) is higher than non-CCRCs across various segments, including assisted living, memory care, and skilled nursing care. One possible reason for this is the CCRC “product profile,” which attracts healthier residents, resulting in lower turnover. Non-CCRCs had higher occupancy in some settings, including independent living in the West North Central region of the country, memory care in the mountain region, and nursing care in the Mountain and Pacific regions. More study is needed to explain economic drivers such as industry mix, employment growth, and living costs. Read the full article.
