News & Press Releases
NIC Launches Skilled Nursing Quality Metrics
Seniors housing and care nonprofit expands and enhances its NIC MAP® Data Service product to include key data on quality of care by property.
FOR IMMEDIATE RELEASE: June 7, 2018
Contact: Rachel Griffith, 202-868-4824; RGriffith@MessagePartnersPR.com
ANNAPOLIS, MD— The National Investment Center for Seniors Housing & Care (NIC) is expanding and enhancing its NIC MAP® Data Service to include quality metrics data for the skilled nursing sector. This major product enhancement is made possible through a strategic relationship with PointRight®, a leading provider of quality metrics data and predictive analytics for post-acute care.
Some of the benchmarking that this data makes possible is not available anywhere else. It will enable operators and investors to better understand the performance of properties and markets when underwriting new deals, managing portfolios, developing strategies, conducting competitive benchmarking, and gathering market intelligence.
The following Quality Metrics reports are now available, according to subscription, at the national, property, and metropolitan market levels. The metro level data is available exclusively through NIC MAP:
- PointRight Pro 30® Adjusted Rehospitalization Rate
- PointRight® Pro Long Stay™ Adjusted Hospitalization Rate
- CMS Overall Five-Star Rating
- CMS Survey Deficiencies (Property level only)
“The availability of more and better data from CMS and PointRight, coupled with NIC MAP’s industry-standard metrics for skilled nursing operators and investors, provides a consolidated view of key data to further inform investors in skilled nursing,” said Bill Kauffman, senior principal at NIC. “NIC MAP has expanded far beyond seniors housing to include best-in-class data on quality metrics in skilled nursing.”
The quality metrics package increases transparency in skilled nursing by allowing for more robust property-to-property comparisons and insights into specific geographic markets.
Brian Jurutka, president and CEO of NIC, said, “In addition to NIC’s quarterly Skilled Nursing Data Report and the focus of our Spring Conference on seniors housing and healthcare collaboration, this new offering signals NIC’s continuing commitment to the skilled nursing sector. We expect that this much-needed data and analysis will help drive informed investment, ultimately improving access and choice for America’s seniors.”
“Our post ACA environment put greater emphasis on the delivery of value over volume,” said Steven Littlehale, Executive Vice President and Chief Clinical Officer of PointRight. “Now more than ever, viewing clinical outcomes, such as rehospitalization along with more traditional financial indicators of success is key. Also selecting the right comparative benchmark that demonstrates specific market trends is essential. PointRight is providing these trended metrics to the NIC community through the State/Metro Level report, which is a stand-alone deliverable that can be downloaded from the Reports page in MAP.”
Quality metrics data can now be found both in the local property search tool and as a benchmark data report. Product access will vary by subscription type.
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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. For more information, visit www.nic.org, and follow NIC on Twitter.