Over the year, the U.S. economy added 2.64 million jobs, making it the third best year for job growth since the recession a decade ago and the third best year since 2000.
The Labor Department also reported that there were 312,000 jobs created in the U.S. economy in December, well above the consensus expectation of 176,000. This was the 99th…
Topics:
Data,
Demographics,
Economy,
Job,
Jobs Report,
Labor,
Managed Care,
Market Study,
Nursing Care,
Occupancy,
Research,
Revenue,
Senior Living,
Seniors Housing,
Skilled Nursing,
U.S. Economy,
Unemployment,
VolumeMedicare is changing the way skilled nursing operators are paid, effective October 2019. The new Patient-Driven Payment Model (PDPM) system replaces Resource Utilization Groups (RUGs) and will dramatically shift predictors of financial success, while raising new compliance concerns as operators change their business strategies to adapt. Skilled nursing investors, as well as owners, operators, and care/service providers will not want…
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The unemployment rate held steady at 3.7% in October, which is the lowest rate since December 1969. The jobless rate remains well below the rate of what is generally believed to be the “natural rate of unemployment” of 4.5%, which suggests that there will be building pressure on wage rate growth.
Evidence is mounting that this is in fact starting…
Topics:
Data,
Demographics,
Economy,
Job,
Jobs Report,
Labor,
Managed Care,
Market Study,
Nursing Care,
Occupancy,
Research,
Revenue,
Senior Living,
Seniors Housing,
Skilled Nursing,
U.S. Economy,
Unemployment,
VolumeExpanding on a recent blog
post that detailed care segment performance in the Primary Markets since the most recent market cycle peak that was reached in the fourth quarter of 2014 for the seniors housing and care segments, this analysis goes a step further by considering the market fundamentals of segments
within continuing care retirement communities (CCRC segments), compared to…
For the 2018 NIC Fall Conference, the highly popular NIC Talks program returns with eight fresh speakers from beyond the seniors housing and care sector. As in previous years, the TED-style talks are designed to be insightful, highly relevant, and thought provoking – all in 12 minutes. This year’s speakers represent a wide range of talents and experience, all engaged …
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