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

NIC Spring Investment Forum Addresses Hot Industry Topics: Healthcare, Labor, Changing Markets

Focused on the themes of collaboration, innovation, and how to navigate current market realities, the 2018 NIC Spring Investment Forum drew nearly 1,800 attendees to the Omni Dallas Hotel last week. The busy three-day meeting provided a wide variety of networking opportunities, several NIC-hosted receptions, and 17 educational sessions. In the media briefing on Wednesday, […]

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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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Institutional Capital Drives Transaction Volume Higher in 2017

Nursing care prices fall Updated transactions dollar volume for 2017 shows an increase from 2016 as the institutional buyer, comprised of mostly equity funds that manage pension money or other types of institutional money, played a major role in higher volume. A trend has emerged over the past couple years in which institutional buyers have […]

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