Tech expert Vivek Wadhwa to speak at 2018 NIC Fall Conference
Global tech entrepreneur, author, academic and advocate,
Vivek Wadhwa, will be the 2018 NIC Fall Conference luncheon speaker. Wadhwa will focus on the practical solutions that new technological advances will make possible in the near future. The concept of robots disrupting seniors housing and care, or artificial…
Occupancy Continues to Fall, Despite Typical Seasonal Influence
Managed Medicare represents increasingly larger share of skilled nursing revenue
NIC released its first quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from October 2011 through March 2018.
Here are some key takeaways from the report:
First quarter national occupancy decreased 30 basis points from the…
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This month, NIC, in a strategic alliance with PointRight, is announcing the launch of quality metrics for the skilled nursing sector. This major expansion and enhancement within the NIC MAP® Data Service platform reflects NIC’s commitment to the skilled nursing sector and builds upon NIC’s present Skilled Nursing Data Report, which focuses on financial data.
Being in-network and having visibility…
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Seniors housing and care updated transactions figures show a total of $2.6 billion closed deals in the first quarter of 2018. That includes $1.7 billion of seniors housing, and $900 million in nursing care transactions. The total volume was down 5% from the previous quarter’s $2.7 billion, and down 45% from the first quarter of 2017 when volume totaled $4.7…
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Medicaid Reimbursement Rates Draw Attention
At around $200 per day, Medicaid is the lowest priced payor source for skilled nursing properties. The American Health Care Association (AHCA), a trade association representing skilled nursing providers, has been calling on policy makers to address Medicaid reimbursement rates for years. Until recently, this concern did not draw significant attention from outside the industry.…
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