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Key Financial Indicator Sponsors
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Interested in contributing your company's data to NIC's Key Financial Indicators?
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NIC Research & Data
Key Financial Indicators - Occupancy Rates - Quarter Ending 9/30/09
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 |
86.5 | 507 | 71,574 |
| Assisted Living |
88 | 1,421 | 102,896 |
| Nursing Homes |
84 | 908 | 109,329 |
| CCRCs |
88 | 171 | 62,648 |
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Independent Units in CCRCs |
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Assisted Living Units in CCRCs |
|
Skilled Nursing Beds in CCRCs |
|
88 | 164 | 43,541 |
| 90 | 136 | 8,547 |
| 86.5 | 146 | 10,560 |
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.
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