Last week, NIC released its fourth Skilled Nursing Data Report, which includes key monthly data points from October 2011 through September 2016. In this week’s blog post, we’ll highlight the main takeaways from the report.
Decline in Managed Medicare Revenue Per Patient Day Stabilizing?
After years of declining managed Medicare reimbursement rates, the last two calendar quarters show the rate…
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Last week, NIC reached a highly anticipated milestone with the release of an intuitive, user-friendly interface for our NIC MAP® Data Service.
If you’re not familiar with NIC’s data service, NIC MAP is the premier provider of comprehensive market data for the seniors housing and care sector, with data from more than 14,000 properties within 140 U.S. metropolitan markets. Since…
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Data is quickly becoming a must-have for skilled nursing providers looking to shore up their post-acute business. Post-acute patients generally have high-acuity needs that result in higher daily reimbursements, usually by Medicare. As some hospitals and Medicare Advantage plans increasingly bear more financial risk for these patients, they will seek partnerships with providers that can demonstrate their ability to provide…
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Of the 99 largest metropolitan markets that the NIC MAP® Data Service (NIC MAP) tracks across the nation, 11 are located in California. Within these metropolitan markets, NIC tracks 870 seniors housing properties with 101,000 units, or nearly 12% of the seniors housing units regularly followed within the 99 markets by NIC. By coincidence, this share is comparable to California’s…
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The U.S. Government Accountability Office (GAO) concluded an investigation into data from the Centers for Medicare & Medicaid Services (CMS) on nursing homes, staffing practices, and financial performance by recommending that CMS make such data more easily accessible by the public and ensure the data’s validity. In the course of the investigation, the GAO revealed insights about margins and operations…
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