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

Big Data, Small Data, All Data Is Good Data—But What Does It Mean to Seniors Housing Investors and Operators?

By Beth Burnham Mace, Chief Economist, NIC Big data is among today’s buzzwords. Yet just 20 years ago, when I started out in the industry, data on the seniors housing and care sector was nearly nonexistent. Now calls for data are very different—and the voices are getting louder. Having the ability to collect and use data is presenting opportunities across…
Topics: Research
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Laying the Framework for Long-Term Care Financing

In a report authored in part by former Senators Tom Daschle and Bill Frist, the Bipartisan Policy Center (BPC) recently issued groundbreaking recommendations for improving long-term care (LTC) financing. The report contains policy proposals detailed with specific steps policy makers should take to proactively tackle the issue of financing LTC for the elderly. Recommendations BPC recommends that employers offer…
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Boomers’ Return to Urbanism

The housing industry is being pulled in different directions, as two of the largest age cohorts of our time—millennials and boomers—compete for urban accommodations. While boomers control the vast majority of economic wealth in this country, millennial buyers now account for 36% of U.S. home purchases, compared with 34% of homes going to boomers, according to Dan DiClerico at the…
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Peering Under the Hood of CMS’ Five-Star Quality Rating System

Originally intended to help guide skilled nursing consumers and their families as they compare and monitor care across different facilities, CMS’ Five-Star Quality Rating System is increasingly being used by investors to identify which properties to invest in and how facilities within their existing portfolio are performing.  But evaluating a skilled nursing facility on its rating alone isn’t enough. For…
Topics: Events, Research
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January’s Job Gains Moderate

The Labor Department reported that non-farm employment increased by 151,000 positions for the first month of 2016.  The three-month average from November to January was 231,000.  For all of 2015, jobs increased by an upwardly revised 2.7 million positions, the second strongest year since 1999. Moody’s Analytics expects comparable job gains in 2016, with roughly 200,000 positions generated per month.…
Topics: Research
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April 11 2024 NIC Insider Newsletter Now Available Read Now »