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(11/4) NIC Report Says Assisted Living Occupancy Sees Uptick in 3Q, Nursing Care Slight Decline

By Joanne Kaldy / November 4, 2019

New statistics suggest a growing demand for assisted living and independent living housing options, while census in nursing homes is slightly down. According to the National Investment Center for Seniors Housing and Care (NIC):

  • Senior housing occupancy increased to 88% in the third quarter of 2019 from its lowest level in year years (87l8%) during the previous quarter.
  • Nursing care occupancy was down .2% in the third quarter.
  • Assisted living occupancy increased .3% in the third quarter.
  • The occupancy rate for independent living increased to 90.2% in the third quarter, 10 points higher than a year ago.

Read the full article.

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