Key Takeaways from the Third Quarter 2017 Report NIC has just released its third quarter 2017 Skilled Nursing Data Report, which includes key monthly data on skilled nursing metrics from October 2012 through September 2017. The current report is based on data collected monthly, but reported quarterly, from approximately 20 operators and 1,500 properties. The […]
Though a cure for Alzheimer’s disease and other dementias remains elusive, progress is being made to slow the course of the disease and better treat its symptoms. These advances have the potential to affect the future demand for memory care services and facilities. A panel of experts at the 2017 NIC Fall Conference presented the […]
Last week, NIC MAP® Data Service clients attended a webinar on seniors housing market trends through the second quarter of 2017. Key takeaways included: Takeaway #1: Seniors housing occupancy fell 50 basis points to 88.8% The all occupancy rate for seniors housing, which includes properties still in lease up, was 88.8% in the second quarter, […]
This week, NIC MAP® Data Service clients attended a webinar on the seniors housing market trends during the first quarter of 2017. Key takeaways included: Takeaway #1: Occupancy Fell in the First Quarter The occupancy rate for seniors housing properties fell 30 basis points in the first quarter of 2017 to 89.3%, as net additions […]
The burden of caring for a loved one has been in the news recently. Last year, AARP reported that in 2013, an estimated 40 million people acted as caregivers, assisting with at least one activity of daily living (ADL) and providing $470 billion in uncompensated care over 37 billion hours.