As 2018 continues to unfold, construction pipelines are expected to remain full. Near-record low occupancy levels in assisted living will remain tested, while occupancy pressures will grow in independent living as well.
In markets today with an unfavorable supply/demand imbalance, growing demand penetration rates could help offset supply pressures.
So, how can operators grow their own and the industry’s collective…
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On Christmas Eve, the New York Times published an
article describing measures the Centers for Medicare and Medicaid (CMS) took during 2017 to reduce fines levied against skilled nursing properties. The skilled nursing industry may view this change as a welcome respite from real or perceived government over-regulation, especially in an era of downward pressure on occupancy and constrained budgets.…
The Labor Department reported that there were 148,000 jobs created in the U.S. economy in December. This was below the consensus expectation of 190,000 jobs. This marked the 87th consecutive month of positive job gains for the U.S. economy. Revisions subtracted 9,000 jobs to the prior two months. For all of 2017, the economy generated 2.1 million jobs and averaged…
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As the seniors housing and care industry’s leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries and historical time-series data for…
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The Labor Department reported that there were 228,000 jobs created in the U.S. economy in November. This was above the consensus expectation of 200,000 jobs. This marked the 86th consecutive month of positive job gains for the U.S. economy. Revisions were minimal, adding 3,000 jobs to the prior two months.
Health care added 30,000 jobs in November. Health care has…
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