First year-over-year occupancy increase since January 2015
Managed Medicare revenue mix reaches time-series high of 12.1%, higher in urban areas
NIC released its first quarter 2019 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through March 2019.
Here are some key takeaways from the report:
Occupancy has been on an upward trend since…
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The NIC MAP® Data Service recently released national monthly data through March 2019 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset classes. Having access to accurate data on the…
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Capital providers and operators are talking about the challenges and opportunities of serving middle-income Americans who will not be able to afford private-pay seniors housing and care at current price-points, yet also don’t qualify for government assistance. While the discussion has only just begun, it is already generating excitement amongst investors and operators, along with a host of new ideas,…
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Safeguarding the overall health of the seniors housing and care industry well into the future is a well-publicized initiative. Nowhere is that more on display than the upcoming Vision 2025 event to be held in Chicago June 19-20. This event will host over 30 colleges and universities, more than 35 seniors housing and care operating companies and key trade associations…
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NIC MAP® Data Service clients attended a webinar in mid-April on the key seniors housing data trends during the first quarter of 2019. Key takeaways included the following:
Takeaway #1: Seniors Housing Occupancy Was Largely Unchanged, but Remained Soft in Q1 2019
Based on the quarterly patterns of inventory and absorption, the all occupancy rate for seniors housing, which includes…
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