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

GAO Investigation Reveals Margins Highest among For-Profits, Chains

The U.S. Government Accountability Office (GAO) concluded an investigation into data from the Centers for Medicare & Medicaid Services (CMS) on nursing homes, staffing practices, and financial performance by recommending that CMS make such data more easily accessible by the public and ensure the data’s validity. In the course of the investigation, the GAO revealed insights about margins and operations…
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CMS’ Drive for Innovation Has Operators Paying Attention

The push toward value-based purchasing by the Centers for Medicare and Medicaid (CMS) means significant changes for operators, said Ray Thivierge, a well-known and respected skilled nursing industry leader. He moderated “The Ever-Changing World of Skilled Nursing: The Impact of CMS Initiatives,” a session at the 2016 NIC Fall Conference in September. The session’s panelists were: Trissie Copses Farr, senior…
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Private Buyers Stay Active Even While Sales Transaction Volume and Count Drop

The preliminary 2016 third-quarter data is in, and it shows that transaction volume continues to slow down in 2016. Public buyers, mainly the public REITs, have led the slowdown, as cost of capital increased, and the number of transactions that suit their strategies declined. But on the private side, buyers continued to stay relatively active in the third quarter. Private…
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Skilled Nursing’s Ruby Slippers

Panelists Discuss Post-Acute Strategies at NIC Fall Conference With so much uncertainty about the changing health care payment and delivery system, can operators create new successful business strategies that attract investment, or is that just a dream on the far side of the rainbow? It’s a question that panelists discussed during the session titled, “Somewhere Over the Rainbow: Where Winning…
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At 156,000, September Job Gains Steady

More than six years into expansion, the labor market continued to add jobs in September. The Labor Department reported on Friday that nonfarm payrolls increased by 156,000 positions in September. Hiring has now averaged 178,000 new positions per month over the past nine months. However, the September gain was less than the 175,000 positions consensus projection and was down from…
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May 14 2024 NIC Insider Newsletter Now Available Read Now »