The NIC Skilled Nursing Data Initiative is driven by the need to increase transparency in the skilled nursing sector and provides critical data, which NIC has been providing since 1991. Today, access to accurate, timely data is critical for investors, operators, and other stakeholders, as powerful factors such as COVID-19, increasing acuity levels, and rapidly evolving policy and payment landscapes disrupt markets and drive change. Given the outdated, cumbersome, and sometimes incomplete government data currently available, sector stakeholders continue to find NIC data invaluable.
Improving investor confidence begins with consistent, quality data. NIC is committed to continued enhancement of our data and analytics in the skilled nursing sector, enabling informed investment decisions in a challenging and fragmented sector.
Skilled Nursing Quality Metrics
Through NIC’s partnership with PointRight, NIC MAP® Data Service clients gain access to the following PointRight reports at both the metro and property levels:
- PointRight Pro 30® Adjusted Rehospitalization Rate
- PointRight® Pro Long Stay™ Adjusted Hospitalization Rate
- CMS Overall Five-Star Rating
- CMS Survey Deficiencies (Property level only)
“As a capital provider focused on the senior care industry, we find great value in NIC’s skilled nursing data. NIC’s tracking of skilled nursing metrics is reliable, timely, and this data is vital to understanding the industry and making informed decisions.”
– Lee S. Delaveris, Vice President, Healthcare Mortgage Banking, KeyBank
Meeting the Need for Capital in Skilled Nursing
The already tremendous need for capital is growing. Over 50% of the skilled nursing properties in the NIC MAP(C) Data Service’s Primary and Secondary markets were built before 1980. Payors, residents, and care partners may soon demand new models of care, new technological solutions, and a range of COVID-19-related capital improvements. Remodels, repositioning, and replacements may demand investment both in real estate and operations.
Contributing data improves transparency, which leads to credibility and ultimately trust by educating not just investors and operators, but also policymakers and the general public. Real estate investors, private equity healthcare investors, and institutional investors require access to timely, relevant, and consistent skilled nursing data to support the industry.
Access the NIC Notes blog for the latest data and insights on Skilled Nursing.
NIC Monthly Skilled Nursing Report
NIC has created a confidential skilled nursing database that provides key revenue and occupancy trends on skilled nursing properties to sector stakeholders, including operators and investors. The NIC Skilled Nursing Data Report features time-series data starting January 2012:
- Managed Medicare
- Revenue per patient day by payor source
- Quality mix
- Skilled mix
- Patient day mix
- Revenue mix
NIC MAP® Data Service clients can easily access the online database, which is updated with downloadable data each month.* The report is provided complimentary to the public.
Participate by Contributing Data
To further increase transparency, and provide this critical skilled nursing data, NIC is continuously seeking operators to contribute data on a monthly basis.
Benefits to Participation:
- A complimentary monthly benchmark report compared to the latest national data
- Access to NIC MAP® Data Service webinars and subject matter experts Chief Economist Beth Mace and Senior Principal Bill Kauffman
*Monthly releases offer a representation of the property count and state count in each particular report, and should not be interpreted as a census survey.
Interested in Participating?
NIC is collecting data from operators of freestanding skilled nursing properties who have five or more properties.