Tech expert Vivek Wadhwa to speak at 2018 NIC Fall Conference
Global tech entrepreneur, author, academic and advocate,
Vivek Wadhwa, will be the 2018 NIC Fall Conference luncheon speaker. Wadhwa will focus on the practical solutions that new technological advances will make possible in the near future. The concept of robots disrupting seniors housing and care, or artificial…
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 30 basis points from the…
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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 a first quarter occupancy rate…
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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 a strong reputation in the…
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This month, NIC, in a strategic alliance with PointRight, is announcing the launch of quality metrics for the skilled nursing sector. This major expansion and enhancement within the NIC MAP® Data Service platform reflects NIC’s commitment to the skilled nursing sector and builds upon NIC’s present Skilled Nursing Data Report, which focuses on financial data.
Being in-network and having visibility…
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