The NIC Map Data Service recently released national benchmark data through mid-year 2017 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.
As of June 2017, assisted living initial rates averaged…
Read Post ›
New technologies have the power to link housing and health care to improve the lives of seniors, according to a panel of experts who spoke at the 2017 NIC Spring Investment Forum. The panelists presented cutting edge case studies of how technology is being leveraged to improve and coordinate care during a session titled, “Using Innovative Technology to Connect Senior…
Read Post ›
The statistics on managed care tell the story. Medicare Advantage programs now have 17.6 million enrollees, a 50% jump over the last 10 years. About 22 million enrollees are expected by 2020. And Medicare Advantage already has a 40 percent penetration rate in four states.
“Managed care is full steam ahead,” said consultant Melanie Bella, former director of the Medicare-Medicaid…
Read Post ›
Policies governing health care provisions appear to be changing yet again, as legislators in Washington continue to debate strategies and plans. But the sometimes contentious discussions often overlook a key point of agreement: the cost of care must be reduced while outcomes improve, especially for frail seniors.…
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, hospitals, physician groups, payors, and…
