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

2017: The Year of Deregulation for the Skilled Nursing Industry

On Christmas Eve, the New York Times published an article describing measures the Centers for Medicare and Medicaid (CMS) took during 2017 to reduce fines levied against skilled nursing properties. The skilled nursing industry may view this change as a welcome respite from real or perceived government over-regulation, especially in an era of downward pressure […]

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U.S. economy created 148,000 jobs in December 2017

The Labor Department reported that there were 148,000 jobs created in the U.S. economy in December.   This was below the consensus expectation of 190,000 jobs.  This marked the 87th consecutive month of positive job gains for the U.S. economy.  Revisions subtracted 9,000 jobs to the prior two months.  For all of 2017, the economy generated […]

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Memory Care Market Trends: 3Q2017

As the seniors housing and care industry’s leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries […]

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U.S. economy created 228,000 jobs in November 2017

The Labor Department reported that there were 228,000 jobs created in the U.S. economy in November.   This was above the consensus expectation of 200,000 jobs.  This marked the 86th consecutive month of positive job gains for the U.S. economy.  Revisions were minimal, adding 3,000 jobs to the prior two months. Health care added 30,000 jobs […]

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Closed Volume in Third Quarter at $5 Billion, Institutional Buyers Represent Growing Share

Updated third quarter data shows seniors housing and care transactions volume in the third quarter of 2017 registered $5.0 billion. That includes $1.5 billion in seniors housing and $3.5 billion in nursing care. The total volume was up 129% from the prior quarter’s $2.2B and up 6% from the third quarter of 2016 when volume […]

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