NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

Five Key Takeaways from NIC’s Fourth Quarter 2018 Seniors Housing Data Release

NIC MAP® Data Service clients attended a webinar in mid-January on the key seniors housing data trends during the fourth quarter of 2018.  Key takeaways included the following: Takeaway #1:  Seniors Housing Occupancy Edges Up, but Remains Soft The all occupancy rate for seniors housing, which includes properties still in lease up, inched up to 88.0% in the fourth quarter…
Topics: Construction Starts, Data, Inventory, Occupancy, Research, Seniors Housing
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Continuing Care Retirement Communities: Regional Occupancy Performance, Part 1

Expanding on a recent NIC blog post that detailed care segment performance in the NIC MAP® 31 Primary Markets since the most recent Q42014 market cycle peak, and another blog post that went a step further and examined segment market fundamentals within Continuing Care Retirement Communities (CCRCs, also referred to as life plan communities) compared with those in non-CCRC freestanding…
Topics: CCRC, Data, Independent Living, Managed Care, Nursing Care, Occupancy, Research, Senior Living, Seniors Housing
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Economy Adds 2.64 million Jobs in 2018

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, Volume
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NIC Skilled Nursing Data Report: Key Takeaways from the Third Quarter 2018

Occupancy Edged Up To 82.2% in Q3 2018 Managed Medicare Revenue Mix Reached 10%  NIC released its third quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through September 2018.  The report also includes the latest urban vs. rural comparative data points as well as revenue mix trends.  Here are some key…
Topics: Data, Occupancy, Research, Skilled Nursing, U.S. Economy
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Seniors Housing Penetration Rates: Variation over Time, Variation Across Metropolitan Markets

Penetration rates vary across markets and across time.  Some of the variation may be due to differing demand factors such as population and household growth and size, consumer preferences, familiarity and comfort with the product, changes in the composition of inventory, and cultural influences. This blog post explores some of this variation. The chart above shows the ordinal ranking of…
Topics: Data, Demographics, Economy, Inventory, Occupancy, Research, Senior Living, Seniors Housing
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