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

U.S. economy generated 235,000 jobs in February 2017

The Labor Department reported on Friday that nonfarm payrolls increased by 235,000 positions in February, above the consensus 200,000 estimate.  Revisions to December and January preliminary estimates added 9,000 more jobs than initially reported.  Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation of seasonal factors. […]

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Quality Measures Can Unlock Value

Today’s consumers have high expectations. They demand quality products and services delivered in a timely, cost-effective, and convenient fashion. That’s why evidence-based quality measures have become so crucial, especially in the seniors housing and care industry. Consumers want a way to judge whether they can expect to receive high-quality care in a comfortable setting.  Likewise, […]

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Seniors Housing Actual Rates Report Shows Larger Discounts for Assisted Living than for Independent Living Properties

The NIC Map Data Service recently released national benchmark data through year-end 2016 for actual rates and leasing velocity.  Key takeaways include: Average initial rates were below average asking rates for both independent living and assisted living properties, with monthly spreads larger for assisted living properties throughout the entire reported period.

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Do You Know Enough about Managed Care? The future of your business may depend on it

About one-third of Medicare beneficiaries are enrolled in managed care today, and nearly half of all seniors are expected to be enrolled within the next 10 years. With that sobering statistic in mind, senior care operators need to understand the opportunities presented by the rapid expansion of managed care and the challenges that lie ahead.

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