One of the most important elements of success for a business or an industry is the continued development of leadership to ensure that the necessary human capital is available to embrace the challenges of the future, prepare for growth, and navigate critical issues. NIC and the seniors housing and care sector are no different. Leadership development is essential, especially for the continued success of delivering on the NIC mission which is to support access and choice for America’s seniors by providing data, analytics, and connections that bring together investors and providers. As the need for housing and care increases with an aging population, so too does the need for innovative thinking and the ability to solve the challenges ahead and embrace the opportunities for the future.
First year-over-year occupancy increase since January 2015 Managed Medicare revenue mix reaches time-series high of 12.1%, higher in urban areas NIC released its first quarter 2019 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through March 2019.
Occupancy in Narrow Range Since April 2018 Managed Medicare Revenue Mix Now at 11% NIC released its fourth quarter 2018 Skilled Nursing Data Report last week, which includes key monthly data points from January 2012 through December 2018. The report also includes the latest urban vs. rural comparative data points as well as revenue mix trends.
Private Buyers Remain Very Active There may have been some challenges in the seniors housing and care markets in 2018 but it is safe to say that liquidity did not seem to be one of those challenges based on the latest sales transactions data. Indeed, not only was there strong dollar volume registered in terms of closed sales transactions, but the sheer number of transactions closed was greater than in 2017.