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 […]

Read Post ›

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 […]

Read Post ›

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 […]

Read Post ›

Independent Living Update: 1Q2018

Supply and demand more balanced; occupancy sustained above 90% In the first quarter of 2018, among the 31 primary markets tracked by NIC MAP, independent living had an occupancy rate of 90.3%, which was about 70 basis points less than stabilized occupancy. Comparatively, assisted living had a differential of 230 basis points, more than three […]

Read Post ›

Five Key Takeaways from NIC’s First-Quarter 2018 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar in mid-April on the key seniors housing data trends during the first quarter of 2018. Key takeaways included the following. Takeaway #1:  Seniors housing occupancy fell to 88.3% The all occupancy rate for seniors housing, which includes properties still in lease up was 88.3% in the first quarter, […]

Read Post ›