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

Managed Care: Opportunities & Challenges as a Senior Care Provider

The statistics on managed care tell the story. Medicare Advantage programs now have 17.6 million enrollees, a 50% jump over the last 10 years. About 22 million enrollees are expected by 2020. And Medicare Advantage already has a 40 percent penetration rate in four states. “Managed care is full steam ahead,” said consultant Melanie Bella, […]

Topics: Events, Research
Read Post ›

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, […]

Read Post ›

Closed Transaction Volume Down Significantly in Q2, But Pick Up Likely Later in the Year

There have been numerous high profile deals announced over the past couple months which should drive the volume higher by year-end. However, transaction dollars that closed in the second quarter of 2017 were down significantly, which was mostly driven by the decrease in seniors housing volume. Compared to the first quarter, seniors housing volume dropped […]

Topics: Research
Read Post ›

U.S. economy generated 222,000 jobs in June 2017.

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 222,000 positions in June, the largest increase since February, and above the consensus 175,000 estimate.  This followed gains of 207,000 in April, originally reported as 174,000, and 152,000 in May, originally reported as 138,000. Monthly revisions result from additional reports received from […]

Read Post ›