As challenges persist in both skilled nursing and seniors housing fundamentals, pricing trends have differed over the past couple years. We have seen a decrease in the price per bed in the skilled nursing sector. But at the same time and even with today’s more challenging operating environment, seniors housing price per unit has been relatively steady which shows that…
Read Post ›
Seniors housing is a multifaceted property type in commercial real estate, in part, because it is comprised of several different housing and care products designed to meet the diverse needs and desires of the older consumer. Product segments range from independent living, which focuses on hospitality and lifestyle services for healthy, active seniors, to assisted living for residents who are…
Read Post ›
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…
Read Post ›
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…
Read Post ›
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…
Read Post ›