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 a measure of the share…
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– 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 October 2011 through December 2017.…
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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 2.2 million jobs. This marks…
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The 2017 preliminary closed transactions data is in and it shows a slight decline in dollar volume compared to 2016. Seniors housing and care closed transaction volume in 2017 registered $14.1 billion, which included relatively weak second and fourth quarter transaction volume. The $14.1 billion includes $7.9 billion in seniors housing and $6.2 billion in nursing care. The total volume…
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NIC MAP® Data Service clients attended a webinar earlier this month on the key seniors housing data trends during the fourth quarter of 2017. Key takeaways included the following.
Takeaway #1: Seniors housing occupancy was unchanged at 88.8%
The all occupancy rate for seniors housing, which includes properties still in lease up, was 88.8% in the fourth quarter, unchanged from…
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