GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Brookdale Senior Living Inc (NYSE:BKD) » Definitions » Occupancy Rate %

Brookdale Senior Living (Brookdale Senior Living) Occupancy Rate % : 78.40% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Brookdale Senior Living Occupancy Rate %?

Occupancy Rate % shows the actual utilization of an inpatient health facility for a given time period.

Brookdale Senior Living's Occupancy Rate % for the quarter that ended in Dec. 2023 was 78.40% , which is higher than 77.60% for the pervious quarter ended in Sep. 2023.

Brookdale Senior Living's Occupancy Rate % for the annual that ended in Dec. 2023 was 77.20% , which is higher than 75.40% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Brookdale Senior Living's Occupancy Rate % or its related term are showing as below:

BKD's Occupancy Rate % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median:
* Ranked among companies with meaningful Occupancy Rate % only.

Brookdale Senior Living Occupancy Rate % Historical Data

The historical data trend for Brookdale Senior Living's Occupancy Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brookdale Senior Living Occupancy Rate % Chart

Brookdale Senior Living Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Occupancy Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only

Brookdale Senior LivingQuarterly Data
Trend Mar18 Jun18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Occupancy Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only

Competitive Comparison of Brookdale Senior Living's Occupancy Rate %

For the Medical Care Facilities subindustry, Brookdale Senior Living's Occupancy Rate %, along with its competitors' market caps and Occupancy Rate % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brookdale Senior Living  (NYSE:BKD) Occupancy Rate % Calculation

To calculate Occupancy Rate %, we use inpatient days of care and bed days available. Inpatient days of care is the sum of each daily inpatient census for the year. Bed days available is the maximum number of inpatient days of care that would have been provided if all beds were filled during the year. The formula is:

Occupancy Rate %=( Inpatient Days of Care / Bed Days Available ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brookdale Senior Living  (NYSE:BKD) Occupancy Rate % Explanation

Occupancy Rate % is a calculation used to show the actual utilization of an inpatient health facility for a given time period. The occupancy rate reflects the degree to which hospital beds have been utilized even though the number of beds may have changed during the reporting period.

The average occupancy rate of community (that is, non-Federal, short-term general) hospitals is about 76%. We can recognize a hospital with a too-low occupancy rate as inefficient; such a hospital may find it hard to meet its profit goals. However, a constantly high occupancy rate may not be a good sign, either. Very high occupancy rates may reflect that the hospital is under great pressure from medical and labor sources. Thus, a reasonable occupancy rate is more acceptable than a high one.


Brookdale Senior Living Occupancy Rate % Related Terms

Thank you for viewing the detailed overview of Brookdale Senior Living's Occupancy Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookdale Senior Living (Brookdale Senior Living) Business Description

Traded in Other Exchanges
Address
111 Westwood Place, Suite 400, Brentwood, TN, USA, 37027
Brookdale operates senior living communities throughout the United States. Private pay customers contribute the majority of its resident fees. Brookdale's retirement centers are targeted toward middle- to upper-income seniors, typically over the age of 75. It provides basic services, like meals and housekeeping, and supplemental-care services to assist residents with daily activities. Brookdale's assisted living communities offer 24-hour assistance with daily activities and include memory-care communities that are specifically designed for residents with Alzheimer's disease or other dementia. Its continuing-care retirement centers are large communities that accommodate all levels of physical ability and health. The majority of the firm's revenue comes from assisted living resident fees.
Executives
Marcus E Bromley director
Jordan R Asher director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Benjamin J. Ricci officer: Division Vice President 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Laura E. Fischer officer: Division Vice President 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Frank M Bumstead director 2300 CHARLOTTE AVENUE, STE 103, NASHVILLE TN 37203
Jaclyn C Pritchett officer: EVP - Human Resources 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lucinda M Baier officer: Chief Financial Officer 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
George T Hicks officer: Executive Vice President BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Kevin W Bowman officer: EVP-Community Operations 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Rita Johnson-mills director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Denise Wilder Warren director 6600 WALL STREET, MOBILE AL 36695
Cindy Kent officer: EVP & President Senior Housing 7601 PENN AVENUE SOUTH, RICHFIELD MN 55418
Vicki L Freed director 6262 SUNSET DRIVE, MIAMI FL 33143
Guy P Sansone director C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323

Brookdale Senior Living (Brookdale Senior Living) Headlines