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

At 160,000 April’s Job Gains Slowed from Recent Pace

The Labor Department reported that nonfarm employment increased by 160,000 positions in April, less than the 200,000 positions consensus projection. Over the past 12 months, monthly job increases have averaged 232,000.    Employment increased in in professional and business services, health care, and financial activities. Job losses continued in mining.   The change in total nonfarm payroll employment for February was revised…
Topics: Research
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Hospital – Skilled Nursing Relationship in Flux

By Liz Liberman, Health Care Analyst, NIC Recently the American Academy of Family Physicians (AAFP) sent CMS a letter encouraging the agency to finalize a proposed rule that would improve discharge policies in hospitals and address the gaps in communication that occur during patient transitions. In California, hospitals will face the challenge of improving discharge policies even before CMS has…
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Construction Starts Slip in First Quarter

For the second consecutive quarter, new development activity for seniors housing showed a marked slowdown. Indeed, seniors housing construction starts totaled 2,737 units in the first-quarter of 2016, comprised of 802 independent living units and 1,935 assisted living units. On a four-quarter basis, a slowdown also was evident, as starts totaled 19,243 units, the weakest pace in a year. The…
Topics: Research
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Initial Findings: NIC’s Skilled Nursing Data Report

NIC released its initial Skilled Nursing Data Report on March 10, 2016. The report included a few key data points that showed time-series data from October 2011 through December 2015. This week’s blog post provides a more detailed analysis of the current data release. Occupancy Continued Gradual Decline The decline in skilled nursing property occupancy has been a topic of…
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Labor Market Considerations

Source: Zywiak, W. (2010, June). U.S. healthcare workforce shortages: Caregivers. [full article] With the quit ratio of health care workers rising to its highest level since 2008 and with a national unemployment rate of 5.0% as of March 2016, operators of seniors housing and care properties are increasingly finding it challenging to recruit, hire and retain good employees.  Additionally, competition…
Topics: Research
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