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

U.S. Economy created 313,000 jobs in February 2018

The Labor Department reported that there were 313,000 jobs created in the U.S. economy in February.   This was above the consensus expectation of 205,000 jobs.  This marked the 89th consecutive month of positive job gains for the U.S. economy.  Revisions added 54,000 jobs to the prior two months. The labor force participation rate, which is […]

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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 […]

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Initial Move-in Rates for Independent Living Fall Below Year-Earlier Levels in Q4 2017

 The NIC Map Data Service recently released national benchmark data through year-end 2017 for actual rates and leasing velocity.  Key takeaways include: Average initial move-in 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 December […]

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Do New Bundles Leave Post-Acute Care Out of the Driver’s Seat?

The Centers for Medicare & Medicaid Services (CMS) recently announced a new, voluntary bundled payment program, designed to curb Medicare costs for 32 different medical episodes by paying providers a single payment per episode. The new program puts hospitals and physicians in the driver’s seat, enabling them to select or convene care delivery partners and […]

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U.S. economy created 200,000 jobs in January 2018.

The Labor Department reported that there were 200,000 jobs created in the U.S. economy in January.   This was above the consensus expectation of 180,000 jobs.  This marked the 88th consecutive month of positive job gains for the U.S. economy.  Revisions subtracted 24,000 jobs to the prior two months.  For all of 2017, the economy generated […]

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NIC BLOG:Key Takeaways from the Second Quarter 2018 NIC Skilled Nursing Data Report Read More »