NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  Skilled Nursing

Skilled Nursing Occupancy Decreases in March

By: Bill Kauffman  |  May 28, 2020

First Monthly Data Release from NIC’s Skilled Nursing Data Initiative Data Ending March 2020 Shows 132-Basis Point Decline in Occupancy from February.

COVID-19  |  Executive Survey Insights  |  Market Trends  |  Seniors Housing  |  Skilled Nursing

Executive Survey Insights  | Wave 7, Week Ending May 24, 2020

By: Lana Peck  |  May 28, 2020

A NIC report developed to provide timely insights from owners and C-suite operators and executives on the pulse of seniors housing and skilled nursing sectors. NIC’s weekly Executive Survey of operators in seniors housing and skilled nursing is designed to deliver transparency into market fundamentals in the seniors housing and care space at a time where market conditions are rapidly changing—providing both capital providers and capital seekers with data as to how COVID-19 is impacting the space, helping leaders make informed decisions. 

COVID-19  |  Market Trends  |  Seniors Housing  |  Skilled Nursing

NIC MAP Releases the First Intra-Quarterly Data Set

By: Beth Mace  |  May 26, 2020

The COVID-19 pandemic has created an urgency for insights on data and trends in the seniors housing and care sector. NIC has long held that transparency, accuracy, and timeliness are key factors for well-informed decision-making.

COVID-19  |  Seniors Housing  |  Skilled Nursing

Leadership Huddle: Adjusting, Innovating, and Earning Trust

By: NIC  |  May 22, 2020

In the fifth installment of NIC’s “Leadership Huddle” webinar series, held Thursday, May 21, NIC Chief Economist Beth Mace and Belmont Village Senior Living President, Mercedes Kerr discussed the impact of COVID-19 on senior living. The discussion drew over a thousand registrations. Mace’s presentation of “The NIC Bluebook: Five Ways COVID-19 Could Affect Senior Living,” gave the huddle it’s title. The presentation kicked off with Mace’s thoughts on the severity, breadth, and duration of the pandemic. Mace pointed to the “astounding” pace of the virus’ spread across the globe, growing by over 2 million new cases in the past month, to a May 19, 2020 total, provided by the John’s Hopkins Coronavirus Resource Center, of 4,823,479 confirmed cases globally, and 1,508,957 in the U.S. As Mace commented, “the pandemic is here, it’s widespread, and it’s affecting all of us.” While the number of newly confirmed cases each day is flattening, Mace summarized the latest data by saying, “there are still enormous numbers of people that are at risk in this pandemic, and that are being affected by it.”