The 2017 NIC Fall Conference featured valuable programming content for stakeholders in the seniors housing and care industry. Throughout the conference, key themes emerged both on and off the stage. A frequent topic of discussion was the evolution of the skilled nursing industry, and more notably, the importance of efficient operations for success. Not only do operators require efficiency, but…
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Closed transactions volume started off relatively strong in 2017 totaling $4.6 billion in the first quarter, but then experienced a significant decline in the second quarter to only $2.2 billion. However, the third quarter of 2017 saw a vibrant uptick of dollar volume with a 113% increase from the second quarter.
This blog provides a snapshot of recent activity, and…
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The 20th annual Ziegler Senior Living Finance + Strategy Conference, held October 4th through 6th in Colorado Springs, focused on trends primarily affecting not-for-profit senior living providers.
Nicely dovetailing with NIC’s record-breaking attendance at its recent Fall Conference, the Ziegler event also attracted a record number of attendees, including a notable uptick in first-time participants. And, as witnessed at both…
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The effects of Hurricanes Harvey and Irma were seen in the September employment report issued by the Labor Department last Friday. The report showed that there was a loss of 33,000 jobs in September, significantly worse that then consensus forecast of a gain of 90,000. Hardest hit was the restaurant sector which had a loss of 105,000 jobs. The sector…
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Shortly following the hurricane that left many in Florida without power and resources for days on end, Florida Gov. Rick Scott issued an executive order requiring nursing homes and assisted living facilities to install backup generators within 60 days of the order. As discussed in the recent
NIC blog on the order, the potential for a challenge to the measure…
