SHARING YOUR VISION OF SENIOR CARE | Horst Construction

Strategic insights to help you plan for better economic times ahead

The Center for Excellence in Assisted Living offers a comprehensive review this month on "the impact of the economic downturn on consumers and providers." Providers are facing mounting challenges, citing losses to endowments and reserves, shrinking assets of residents and clients, and reduced occupancy and charitable support. But there is rising optimism and the story discusses key investment and planning strategies providers are taking now.

A news release issued recently by the The National Investment Center for the Broomall PresbyterianSenior Housing & Care Industry (NIC) looks at the impact on mean occupancy rates, revealing that those "for assisted living, skilled nursing and continuing care retirement communities (CCRCs) held steady" through the end of last year.

Ziegler Capital Markets, in a recent newsletter, "examines the impact of this crucial market on move-ins to senior living communities." The story reports on several move-in and incentive programs, including advocacy and deferral, that senior living campuses are undertaking in these challenging economic times.

  • Horst Construction can help you provide strategic ways to make your community more welcoming, and more efficient, making it an attractive option for residents and prospects. Let us plan the future with you. Contact Beth Mack about your community’s vision.
  • Visit us next week at PANPHA booth #82. Join us as we sponsor the Management & Operations education track.
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