NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

NIC Skilled Nursing Data Report: Key Takeaways from the First Quarter 2018

Occupancy Continues to Fall, Despite Typical Seasonal Influence Managed Medicare represents increasingly larger share of skilled nursing revenue NIC released its first quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from October 2011 through March 2018. Here are some key takeaways from the report: First quarter national occupancy decreased […]

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Seniors Housing Inventory Growth–A Lot or Not So Much–Some Perspective

First-quarter data showed continued downward pressure on occupancy rates, with assisted living occupancy falling to its lowest level since NIC began reporting data in 2006—85.7%.  A broader measure, the occupancy rate for all of seniors housing (independent and assisted living) for the 99 Primary and Secondary markets tracked by the NIC MAP® Data Service, had […]

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Lease-Up Trends by Segment Type

Benchmark data can inform project projections By Lana Peck, Anne Standish and Beth Mace Among the many factors that determine the profitability of a project is the pace of initial move-ins or leasing momentum. A well-located and rapidly leased-up project can build forward momentum for steady demand, high occupancy and solid revenue growth, and build […]

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Jobs Increase by 223,000 in May 2018

The Labor Department reported that there were 223,000 jobs created in the U.S. economy in May, well above the consensus expectation of 190,000.  This followed a downwardly revised gain of 159,000 jobs in April (originally reported as 164,000) and an upwardly revised gain of 155,000 in March (originally reported as 135,000).  The two-month revision was […]

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…and Care

This month, NIC, in a strategic alliance with PointRight, is announcing the launch of quality metrics for the skilled nursing sector. This major expansion and enhancement within the NIC MAP® Data Service platform reflects NIC’s commitment to the skilled nursing sector and builds upon NIC’s present Skilled Nursing Data Report, which focuses on financial data. […]

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