Occupancy Rate
Quarter Ending 3/31/08
For stabilized properties (those open 24 months or longer) of major providers
Occupancy is defined as: number of occupied units or beds divided by number of total available units or beds "set up".
Occupancy rates are weighted by the number of properties reported by each company. However, in some cases where any specific data contributor's properties comprise more than 10% of the sample, the data set was rebalanced to limit any one company's contribution to a maximum of 10%.
Therefore, we believe that the occupancy rates reported by the sample of responding companies are representative of major national and regional providers.
Quarter Ending 3/31/08
For stabilized properties (those open 24 months or longer) of major providers
| Property Type | Mean Occupancy (%) |
Number of Properties |
Number of Units (*Beds) |
||||||
| Independent Living | 89.5 | 525 | 76,763 | ||||||
| Assisted Living | 88 | 1,467 | 109,582 | ||||||
| Nursing Homes | 85.5 | 1,011 | 126,130* | ||||||
| CCRCs | 90 | 178 | 60,788 | ||||||
|
91 | 173 | 42,623 | ||||||
| 89 | 141 | 8,033 | |||||||
| 88 | 149 | 10,132 |
Occupancy is defined as: number of occupied units or beds divided by number of total available units or beds "set up".
Occupancy rates are weighted by the number of properties reported by each company. However, in some cases where any specific data contributor's properties comprise more than 10% of the sample, the data set was rebalanced to limit any one company's contribution to a maximum of 10%.
Therefore, we believe that the occupancy rates reported by the sample of responding companies are representative of major national and regional providers.