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

Palliative Care: The Next Frontier in Patient-Centered Care and a Value Proposition for Seniors Housing

The focus of modern medicine has been centered squarely in the curative camp for a long time. As Atul Gawande put it in his recent New Yorker article, modern medicine is a practice in “rescue medicine,” meaning the goal of treatment is to immediately and summarily save the patient. Unfortunately, in life, some diagnoses are […]

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Five Key Takeaways from NIC MAP’s Second-Quarter Seniors Housing Data Release

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, […]

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Labor Is a Challenge–A Familiar Lament

Increasingly, operators of seniors housing and care properties are reporting labor shortages in all occupations across their operating platforms, ranging from care managers to executive directors. More broadly, U.S. employers in April advertised the most job openings in 16 years, yet hiring fell and fewer people quit work.   Indeed, job openings rose 4.5% in April […]

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Seniors Housing Returns Moderate, but Continue to Outpace Broader Property Index

Investment returns for seniors housing historically have outpaced the overall NCREIF (National Council of Real Estate Investment Fiduciaries) Property Index (NPI), a property-level index that tracks investment return performance for commercial real estate. But while seniors housing returns outperformed the NPI in the first quarter of 2017, the total annual return for this sector has […]

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