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Assisted Living Avoids Big Slide in Occupancy Amid Housing Downturn

Published Monday, July 27, 2009

Occupancy rates at assisted living facilities remain healthy, despite the sharp economic downturn. According to a comprehensive study just released by a consortium of industry groups, the average occupancy rate among buildings open at least 12 months is 94.1%. That’s only about 1% lower than when the study was last conducted three years ago. The survey of 500 assisted living facilities occurred during the first three months of 2009. "Assisted living is a needs-driven business," says Maribeth Bersani, senior vice president of public policy at the Assisted Living Federation of America (ALFA), one ...

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