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

October Jobless Rate Remains at Lowest Level Since 1969

The unemployment rate held steady at 3.7% in October, which is the lowest rate since December 1969. The jobless rate remains well below the rate of what is generally believed to be the “natural rate of unemployment” of 4.5%, which suggests that there will be building pressure on wage rate growth. Evidence is mounting that […]

Topics: Data, Demographics, Economy, Job, Jobs Report, Labor, Managed Care, Market Study, Nursing Care, Occupancy, Research, Revenue, Senior Living, Seniors Housing, Skilled Nursing, U.S. Economy, Unemployment, Volume
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NIC Skilled Nursing Data Report: Key Takeaways from the First Quarter 2018

Occupancy Continues to Fall, Despite Typical Seasonal Influence Managed Medicare represents increasingly larger share of skilled nursing revenue NIC released its first quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from October 2011 through March 2018. Here are some key takeaways from the report: First quarter national occupancy decreased […]

Topics: Managed Care, Medicare, Nursing Care, Occupancy, Quarterly Report, Research, Skilled Nursing, U.S. Economy
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Lease-Up Trends by Segment Type

Benchmark data can inform project projections By Lana Peck, Anne Standish and Beth Mace Among the many factors that determine the profitability of a project is the pace of initial move-ins or leasing momentum. A well-located and rapidly leased-up project can build forward momentum for steady demand, high occupancy and solid revenue growth, and build […]

Topics: Data, Demographics, Economy, Managed Care, Market Study, Occupancy, Research
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Medicaid Reimbursement Rates Draw Attention

Medicaid Reimbursement Rates Draw Attention At around $200 per day, Medicaid is the lowest priced payor source for skilled nursing properties. The American Health Care Association (AHCA), a trade association representing skilled nursing providers, has been calling on policy makers to address Medicaid reimbursement rates for years. Until recently, this concern did not draw significant […]

Topics: Caregiving, Healthcare, Managed Care, Medicaid, Medicare, Nursing Care, Research, Seniors Housing, Skilled Nursing
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NIC Skilled Nursing Data: Key Takeaways from the Fourth Quarter 2017 Report

– Urban vs. rural occupancy trends diverge – Medicaid revenue mix nearly 50%   NIC has just released its fourth quarter 2017 Skilled Nursing Data Report, which now includes urban vs. rural trends, along with revenue mix by payor source. In addition to key monthly data on skilled nursing metrics, it includes time-series data from […]

Topics: Data, Healthcare, Managed Care, Medicare, Nursing Care, Research, Seniors Housing, Skilled Nursing
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