NIC released its Skilled Nursing Data Report on June 21, 2016. This is the second release of the report and includes key monthly data points from October 2011 through March 2016. In this week’s blog post, we’ll take a closer look at the release and provide a detailed analysis.
Occupancy Increased Quarter-Over-Quarter
Occupancy increased in January and February of 2016…
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By Liz Liberman, Health Care Analyst, NIC
The population of younger nursing home residents is on the rise, according to the National Center for Health Statistics. This population includes young adults with disabilities and adults between the ages of 65 and 74. In fact, the latter population has grown from 13% of all nursing home residents in 2000 to 14.9%…
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By Beth Burnham Mace, Chief Economist, NIC
The long-anticipated increase of the age 65+ population has started, thanks to the aging baby boomer generation, lower birth rates, and improved longevity—and it’s only expected to continue. By 2030, 21% of the population, an estimated 74 million people, will be past retirement age.
This growing demographic will have serious and long-lasting implications…
Topics:
Aging,
Baby Boomers,
Demographics,
Entitlement Programs,
Events,
Labor,
Medicare,
Research,
Seniors Housing,
Social Security,
U.S. Economy
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Over the past 55 years, the skilled nursing industry has undergone transformation. Today, it continues to evolve, bolstered by demand for more specialized and medically complex services and a payment system that continues to change.
The modern skilled nursing industry began in 1965 when Medicare and Medicaid programs were enacted. The industry saw significant growth in the following decades. Until…
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