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

U.S. economy generated 209,000 jobs in July 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 209,000 positions in July, above the consensus 180,000 estimate. This followed gains of 231,000 in June, originally reported as 222,000, and 145,000 in May, originally reported as 152,000. Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation of…
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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 not so easily remedied.…
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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, former director of the Medicare-Medicaid…
Topics: Events, Research
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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 significantly which was mostly due…
Topics: Research
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