Occupancy Rates at LTC Facilities Up - Again!

Since it's Friday and most of us are in a good mood - or a little tired from getting up at the crack of dawn to watch the royal wedding - let's add another reason to be happy! According to data from the National Investment Center for the Senior Housing & Care Center, occupancy in senior housing rose 0.2 percent in the first quarter of 2011 and is up 0.6 percent from this time last year.

This is the fourth consecutive quarter that occupancy rates have risen. Researchers are taking this as an indication that occupancy has moved past the bottom it hit in the first quarter of 2010.

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