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

NIC Skilled Nursing Data Report: Key Takeaways from the Fourth Quarter 2018

Occupancy in Narrow Range Since April 2018  Managed Medicare Revenue Mix Now at 11%  NIC released its fourth quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through December 2018.  The report also includes the latest urban vs. rural comparative data points as well as revenue mix trends.  Here are some key takeaways from the report:  Occupancy […]

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4Q2018 Seniors Housing Actual Rates Key Takeaways

The NIC MAP® Data Service recently released national monthly data through December 2018 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset classes. Having access to accurate data on the monthly rates a […]

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Hackathon Recap – Giving Boomers What They Want 

One of the most talked-about sessions at the recent 2019 NIC Spring Conference was the “Boomer Hackathon,” in which three teams – and those in attendance – brainstormed innovations in seniors housing appropriate for incoming Baby Boomers. A standing-room-only crowd participated in the event, forming small groups to attack the same problem as three teams of experts, […]

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Liquidity Abundant in 2018

Private Buyers Remain Very Active  There may have been some challenges in the seniors housing and care markets in 2018 but it is safe to say that liquidity did not seem to be one of those challenges based on the latest sales transactions data. Indeed, not only was there strong dollar volume registered in terms of closed sales transactions, but […]

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Economy Adds 304,000 Jobs in January

The Labor Department reported that there were a significant number of jobs added in January–304,000 and well above the consensus expectation of 172,000. This was the 100th consecutive month of job growth.  December was revised down to 222,000 from 312,000 and November was revised up to 196,000 from 176,000. The 800,000 Federal workers going unpaid […]

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