NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Workforce

U.S. Jobs Increase by a Moderate 266,000 in April

By: Beth Burnham Mace  |  May 07, 2021

The Labor Department reported that nonfarm payrolls rose by 266,000 in April.  This was a sharp slowdown from the downwardly revised gain of 770,000 in March, originally reported as 916,000. The consensus estimates for April had been for a gain of 1,000,000. Despite the April increase, job levels remain 8.2 million below the pre-pandemic levels of February 2020.

Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Congressional Hearings and Confirmations Spotlight Seniors Housing & Care Sector

By: Ryan Brooks  |  May 06, 2021

Over the last month, a series of congressional hearings and confirmations shined a spotlight on the seniors housing and care sector as a whole, as well as a number of areas impacting the industry. The hearings followed a tumultuous year of navigating the COVID-19 public health emergencies and subsequent media scrutiny, and covered a wide range of topics, including staffing necessities, private equity investment, quality metrics, home and community-based services (HCBS) funding, reimbursement pressures, telehealth flexibilities, and dual-eligible care coordination.

NIC Leadership Huddle  |  Seniors Housing  |  Skilled Nursing

Telehealth’s Tipping Point: The New Norm in Care and How to Build for Success

By: NIC  |  May 05, 2021

Unprecedented change in healthcare has led to new expectations from payers, providers, and consumers. The latest NIC Leadership Huddle, titled “Telehealth’s Tipping Point: The New Norm in Care and How to Build for Success” brought together telemedicine experts to cut through the hype. Attendees benefitted from a substantive discussion on building the right-sized telehealth program; selecting relevant telehealth services; addressing staffing issues, and picking the right technology and business models, as the industry moves to kickstart or enhance telehealth programs as part of the new normal.

Market Trends  |  NIC MAP Vision  |  Seniors Housing

Seniors Housing Market Fundamentals Continue to be Affected by the Pandemic: Five Key Takeaways from the  First Quarter 2021 NIC MAP Seniors Housing Data Release Webinar

By: Beth Mace  |  April 29, 2021

NIC MAP Vision clients with access to NIC MAP® Data attended a webinar in mid-April on key seniors housing data trends during the first quarter of 2021. Findings reflected the impact of COVID-19 across the seniors housing and care sector and were presented by NIC’s research team. Key takeaways included the following: