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Demand for Assisted Living Facilities Rebounds Following the Pandemic

By Tangram Insurance Services
October 18, 2022

According to the National Investment Center for Seniors Housing and Care (NIC), the average occupancy rate in assisted living facilities hit a pandemic-era low of 75.4 percent in the first quarter of 2021. This compares to an average of 84.9 percent just before the pandemic began. The good news? As of the second quarter of ...