News & Press Releases
NIC Announces New Partner in Effort to Increase Data Transparency for Senior Housing Sector
Largest cloud-based EHR provider for the senior living and long-term and post-acute care sectors joins NIC initiative
CHICAGO (September 11, 2019)— The National Investment Center for Seniors Housing & Care (NIC) has added PointClickCare as its newest NIC Actual Rates Software Partner, further enhancing NIC’s arsenal of trusted data and timely analytics to inform decision making in the senior housing sector.
The announcement was made today at NIC’s 2019 Fall Conference in Chicago. PointClickCare is one of the largest electronic health record providers for the senior housing and care industry. Its inclusion as a NIC Actual Rates Software Partner broadens the reach of this important industry initiative.
“NIC’s Software Partners support transparency in senior housing by enabling the most accurate benchmark data available on the monthly rates a resident actually pays living in a senior housing property,” said NIC president and CEO Brian Jurutka. “This provides metrics comparable to other real estate property types, helping investors better understand opportunities in the seniors housing property market.”
NIC has worked with software providers to make reporting of actual rates more efficient for operators. NIC Actual Rates Software Partners have built reporting of actual rates into their software suites and services to make it easy for operators to participate in NIC’s initiative which further advances the sector’s transparency.
“PointClickCare is proud to become a NIC Actual Rates Software Partner,” says Travis Palmquist, vice president and general manager, Senior Living, PointClickCare. “Enabling our customers to efficiently share their rate data promotes greater transparency and a means to benchmark the industry.”
Additionally, NIC staff highlighted that Dr. Janet L. Yellen, former chair of the Board of Governors of the Federal Reserve System (2014-2018), will engage in a moderated discussion during their fall conference with Kathleen Hays, Bloomberg Television and Radio’s global economics and policy editor. Dr. Yellen is expected to comment on the U.S. and global economic landscape. NIC staff also summarized the recent study by NORC at the University of Chicago and funded by NIC on the housing affordability challenges facing America’s middle-income seniors.
The 2019 NIC Fall Conference takes place through Friday, September 13 at the Sheraton Grand Chicago and the Loews Chicago Downtown hotels.
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For more information and to speak with an expert, please contact Rachel Griffith at 202-868-4824, RGriffith@MessagePartnersPR.com.
The National Investment Center for Seniors Housing & Care (NIC) is a 501(c)3 organization established in 1991 whose mission is to enable access and choice by providing data, analytics, and connections that bring together investors and providers in independent living, assisted living, memory care, skilled nursing and post-acute care. Through its industry-leading annual conferences, NIC MAP® Data Service, research, analytics and sector outreach, NIC serves as an indispensable resource for the seniors housing and care sector. For more information, visit www.nic.org and follow NIC on Twitter.
PointClickCare Technologies Inc., helps long-term and post-acute care (LTPAC) providers gain the confidence they need to navigate the new realities of value-based healthcare – achieving preferred status in competitive and shrinking networks, optimizing financial and operational health, attracting and retaining the right staff, and connecting to the right partners and insights needed to effectively manage and mitigate risk. Recognized by Forbes as one of the Top 100 Private Cloud Companies and acknowledged by KLAS Research as Best in KLAS Vendor for Long-term Care, PointClickCare leads the way in creating cloud-based environments where providers, patients, and payers eliminate data silos between care settings, connecting stakeholders to meaningful insights. With a suite of fully-integrated applications powered by an interoperable, mobile friendly, and regulatory-compliant electronic health record and revenue cycle management platform, PointClickCare helps care providers connect and collaborate within their care network. Over 17,000 skilled nursing facilities, senior living communities, and home health agencies use PointClickCare today, making it the North American healthcare IT market leader for the LTPAC industry. For more information on PointClickCare’s software solutions, please visit www.pointclickcare.com.