According to an insightful article published by Senior Housing News on August 14, 2017, the national occupancy of standalone memory care assisted living (MCAL) providers was only 82.7 percent in the second quarter of 2016, down from the highest occupancy of 88.8 percent in late 2008.
In addition to the article’s conclusions of freestanding MCAL being over-developed and being a relatively new product, as well as providers gearing up for a substantial increase in individuals with memory impairment, Health Dimensions Group offers two other contributing factors.
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Authored by: Colin Higgins, Director, Analytics and Research, Health Dimensions Group