NIC Notes

Insights in Seniors Housing & Care

COVID-19  |  Seniors Housing

Technology Boosts Contact Tracing Efforts in Senior Living Communities

By: NIC  |  August 11, 2020

Contact tracing has emerged as a first-line defense at senior living communities in the fight against the pandemic. Knowing who has tested positive for COVID-19 and being able to identify their contacts has helped to keep community outbreaks in check.

Economic Trends  |  Seniors Housing  |  Workforce

Payrolls rise by 1.8 million in July, but still 12.9 million less than in February

By: Beth Mace  |  August 07, 2020

The Labor Department reported that nonfarm payrolls rose by 1.8 million in July and that the unemployment rate fell to 10.2%. This suggests that the employment recovery from the unprecedented COVID-related drop in March and April continues to reverse course, although the pace of recovery appears to be slowing. The 1.8 million job gain in July was less than the increases of 4.8 million in June and 2.7 million in May. Combined, 9.3 million jobs were generated in May, June and July, recouping some of the 22.2 million jobs lost in March and April. Nevertheless, the July level of employment was lower than its February level by 12.9 million positions or by 8.4%. While the July improvement is welcome news, the labor market continues to be strained and the recent spike in the virus across many states could hamper further gains. Indeed, some states are backtracking plans to reopen as coronavirus infections are rising again.

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

Executive Survey Insights | Wave 10: July 20 to August 2, 2020

By: Lana Peck  |  August 06, 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 Leadership Huddle

Leadership Huddle Recap: From Pro Sports to Senior Care

By: NIC  |  August 04, 2020

Just two days ahead of the NBA season’s restart in Orlando, Florida, NIC hosted it’s ninth “Leadership Huddle” webinar to discuss the professional sports league’s efforts to contain the virus, and gain insight on the latest developments in testing, wearables, and protocols. Titled “From Pro Sports to Senior Care: Innovations in Testing, Tech, and Protection,” the event was intended to share lessons and experiences earned fighting COVID-19 in other industries with seniors housing and care providers and investors.   While very different in terms of scope, demographics, access to resources, and scale, the NBA has been faced with some of the same challenges that senior living operators face today. Working with experts across the country, including Testing for America, a “nonprofit established by leading scientists, academics, and entrepreneurs,” the NBA is showing significant improvements in curtailing the spread of the virus amongst its players and staff, despite putting them in close proximity to train and play together in a ‘bubble’ located in Orlando, Florida.