NIC has just released its fourth quarter 2016 Skilled Nursing Data Report, which includes key monthly data points from January 2012 through December 2016.
The current report is based on data collected monthly, but reported quarterly, from approximately 20 operators and 1,500 properties. The data represents national, aggregate figures. However, NIC plans to grow the data set, adding more operators…
About one-third of Medicare beneficiaries are enrolled in managed care today, and nearly half of all seniors are expected to be enrolled within the next 10 years.
With that sobering statistic in mind, senior care operators need to understand the opportunities presented by the rapid expansion of managed care and the challenges that lie ahead.…
In the executive order signed on his first day in office, President Trump instructed federal agencies to prepare to grant states more flexibility in managing their health care programs, possibly clearing the way for Medicaid block grants. How could block grants affect seniors housing and care?
Medicaid Funding & Block Grants
Medicaid is currently funded in part by the states…
Read Post ›
The push toward value-based purchasing by the Centers for Medicare and Medicaid (CMS) means significant changes for operators, said Ray Thivierge, a well-known and respected skilled nursing industry leader. He moderated “The Ever-Changing World of Skilled Nursing: The Impact of CMS Initiatives,” a session at the 2016 NIC Fall Conference in September. The session’s panelists were: Trissie Copses Farr, senior…
Read Post ›
On September 15, at the 2016 NIC Fall Conference, NIC released its 2Q2016 Skilled Nursing Data Report. The report includes key occupancy and revenue metrics from October 2011 through June 2016. In today’s blog post, I’ll walk you through the data.
Occupancy Declined to a Five-Year Low
After bouncing back in the first quarter of 2016, occupancy declined 123 basis…
Read Post ›
