Components of Market Analysis for Seniors Housing and Care
Market studies are a critical component of the seniors housing development planning process. They’re hard to get right and, unfortunately, extremely easy to get wrong.
In this multi-part blog series, I’ll provide the nuances, techniques, and best practices for making your market study a successful tool that helps prevent major project…
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From a regulatory perspective, 2016 was certainly a busy year in seniors housing and care. From new bundled payment models to revised participation requirements, the Centers for Medicare and Medicaid (CMS) rolled out new guidance and rules at a rapid pace. With a new administration and a new leader at the helm of Health and Human Services (HHS, the agency…
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Last week, NIC released its fourth Skilled Nursing Data Report, which includes key monthly data points from October 2011 through September 2016. In this week’s blog post, we’ll highlight the main takeaways from the report.
Decline in Managed Medicare Revenue Per Patient Day Stabilizing?
After years of declining managed Medicare reimbursement rates, the last two calendar quarters show the rate…
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Last week, NIC reached a highly anticipated milestone with the release of an intuitive, user-friendly interface for our NIC MAP® Data Service.
If you’re not familiar with NIC’s data service, NIC MAP is the premier provider of comprehensive market data for the seniors housing and care sector, with data from more than 14,000 properties within 140 U.S. metropolitan markets. Since…
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Data is quickly becoming a must-have for skilled nursing providers looking to shore up their post-acute business. Post-acute patients generally have high-acuity needs that result in higher daily reimbursements, usually by Medicare. As some hospitals and Medicare Advantage plans increasingly bear more financial risk for these patients, they will seek partnerships with providers that can demonstrate their ability to provide…
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