Last week, NIC reached a highly anticipated milestone with the release of an intuitive, user-friendly interface for our NIC MAP® Data Service.
If you’re not familiar with NIC’s data service, NIC MAP is the premier provider of comprehensive market data for the seniors housing and care sector, with data from more than 14,000 properties within 140 U.S. metropolitan markets. Since…
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Data is quickly becoming a must-have for skilled nursing providers looking to shore up their post-acute business. Post-acute patients generally have high-acuity needs that result in higher daily reimbursements, usually by Medicare. As some hospitals and Medicare Advantage plans increasingly bear more financial risk for these patients, they will seek partnerships with providers that can demonstrate their ability to provide…
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In the last major release of employment conditions prior to the upcoming meeting of the Federal Reserve on December 13 and 14, the Labor Department reported on Friday that nonfarm payrolls increased by 178,000 positions in November. Hiring has now averaged 180,000 new positions per month over the past eleven months. The year-to-date average was down from average monthly gains…
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Setting business strategies for an unclear future continues to challenge many in seniors housing and care. It’s an issue that multiple sessions at the 2017 NIC Spring Investment Forum, March 22–24 in San Diego, CA, will address.
“It begins to sound like a broken record, but for years we’ve been anticipating this vast tidal wave of aging seniors,” said NIC…
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Of the 99 largest metropolitan markets that the NIC MAP® Data Service (NIC MAP) tracks across the nation, 11 are located in California. Within these metropolitan markets, NIC tracks 870 seniors housing properties with 101,000 units, or nearly 12% of the seniors housing units regularly followed within the 99 markets by NIC. By coincidence, this share is comparable to California’s…
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