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

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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NIH-Funded Study Raises Questions about Accuracy of Five-Star Quality Ratings

A recent study conducted with financial support from the National Institute for Health Care Management, part of the National Institutes of Health (NIH), and published in the journal Production and Operations Management found that California nursing homes may be artificially inflating their self-reported data to the Centers for Medicare and Medicaid (CMS) for the five-star […]

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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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NIC MAP Introduces New Feature: Trade Area Search by Drive Times & Traffic Flows

The NIC MAP Data Service recently unveiled its latest product enhancement to the NIC MAP Local Property Search tool as it introduced a new class of trade areas based on drive time or driving distance from a seniors housing, skilled nursing property or targeted location.  Drive-time analysis allows a user to customize a trade area […]

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NIC Skilled Nursing Data: Downward Pressure on Occupancy Continues

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 […]

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