NIC Notes

Insights in Seniors Housing & Care

Bill Kauffman

Bill Kauffman

Senior Principal Bill Kauffman works with the research team in providing research and analysis in various areas including sales transactions and skilled nursing. He has lead roles in creating new and enhanced products and implementation of new processes. Prior to joining NIC he worked at Shelter Development in investing/acquiring, financing, and asset management for over $1 billion in assets. He also had key roles in the value creation and strategic planning and analysis for over 65 entities. He received his Bachelor of Business Administration in Finance from the College of Business and Economics at Radford University and his Master of Science in Finance from Loyola College in Maryland. He also holds the Chartered Financial Analyst Designation (CFA).


Market Trends  |  Skilled Nursing  |  medicaid  |  medicare

Skilled Nursing Occupancy Flat in July 2022

By: Bill Kauffman  |  September 29, 2022

“In addition to managing occupancy and staffing challenges, skilled nursing operators need to be laser-focused on reimbursement at the state level as Medicaid represents 51% of revenue.”

Market Trends  |  Skilled Nursing  |  medicare

Skilled Nursing Occupancy Relatively Steady in June 2022

By: Bill Kauffman  |  September 01, 2022

“Given the challenges on multiple fronts for skilled nursing operators, recruiting and retaining staff is a number one priority. Operators must build a culture that supports and strengthens their staff”

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Increased Slightly in May 2022

By: Bill Kauffman  |  August 04, 2022

“Skilled nursing occupancy held steady in May, as operators still confront a challenging operating landscape amidst high inflation and staffing challenges.” - Bill Kauffman NIC MAP Vision released its latest Skilled Nursing Monthly Report on August 4, 2022. The report includes key monthly data points from January 2012 through May 2022.

Market Trends  |  Skilled Nursing  |  medicare

Skilled Nursing Price Per Bed – What's Driving Current Trends?

By: Bill Kauffman  |  July 27, 2022

Over the past couple years skilled nursing properties have continued to see strong interest from investors in the sector. This has contributed to skilled nursing valuations becoming what some deem as elevated. However, others might argue differently. Regarding the overall skilled nursing market, many continue to see steady demand trends as the industry passes the inflection point where the growth of the senior population accelerates, and more people with higher acuity levels need care. There are headwinds as we are all aware, including the risk of Medicare reimbursement cuts, low occupancy rates, chronic underfunding of Medicaid reimbursement in many states, a staffing crisis, and ongoing elevated inflation including wage rate growth. Given the challenges that are present, why has skilled nursing property price per bed increased?

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