NIC publishes white paper reports authored by NIC experts and industry partners. These white papers provided to increase the transparency and understanding of the senior housing and care sector.
State of the Nursing Labor Market in Senior Living and Adjacent Healthcare Industries
In a NIC Notes blog, published June 23, 2022, NIC Analytics examined jobs in the skilled nursing and senior housing sectors by looking at employment patterns since March 2020.
In this follow-up white paper, NIC Analytics compiled 2021 Occupational Employment and Wage Statistics (OEWS) data from the Bureau of Labor Statistics (BLS) to provide a detailed overview of jobs and wages for nursing staff and aides, including registered nurses, licensed practical and licensed vocational nurses, nursing assistants, and home health and personal care aides across all U.S. states.
10 HR Challenges Facing Senior Living Communities (and How to Tackle Them)
The long-term-care industry was impacted more than any other sector in the healthcare industry during the COVID-19 pandemic — with senior living communities losing nearly 15% of their total workforce since the start of the pandemic.
This report from Paychex offers recommendations for tackling today’s top human resources challenges.
Identifying New Opportunities: Treating Chronic Kidney Disease in Senior Housing
Understanding the population demographics and prevalence of chronic kidney disease (CKD) in various markets can give insights about the most appropriate areas in which to develop these specialized communities.
This analysis demonstrates differing levels in incidence of diagnosed chronic kidney disease among potential residents of senior housing in the NIC MAP® Primary Markets and differing levels of senior housing supply and utilization.
Identifying New Opportunities: Utilizing Dementia Medicare Data for More Informed Underwriting
The aging of the U.S. population and the growing incidence of dementia make understanding the local prevalence of this disease more important than ever for planning senior housing projects.
Data show that degenerative brain diseases such as Alzheimer’s are more prevalent in certain parts of the country than others. Understanding these patterns can make feasibility analyses more precise and reliable, while allowing for a better targeting of supply and demand.
Voices from the Field
Researchers at NIC and NORC at the University of Chicago spoke with senior housing and care operators about their experiences, challenges, and successes through the early months of the COVID-19 public health emergency.
Rethinking Demand: Considering a Life Expectancy Perspective
Demand analysis for seniors housing is both an art and a science. Even prior to the COVID-19 pandemic, many seniors housing markets experienced excess supply pushing occupancy levels to record lows as supply exceeded demand.
Looking Into the Future: How Much Seniors Housing Will Be Needed?
The report from NIC’s Chief Economist Beth Burnham Mace and Research Statistician Anne Standish estimates the number of seniors housing units that will be needed through 2040 using the most recent U.S. Census population projections. Since projections are as much art as they are science, they have also created a few scenarios that project needed new supply based on different penetration rates and different household age cohorts.