NIC Notes

Insights in Seniors Housing & Care

COVID-19  |  Market Trends  |  Skilled Nursing  |  medicaid  |  medicare  |  occupancy

October Skilled Nursing Occupancy Rate at Highest Level Since April 2020

By: Bill Kauffman  |  December 29, 2022

“The occupancy rate for skilled nursing properties increased throughout 2022. However, labor continues to be a significant challenge within the industry and some operators are unable to admit new patients due to staffing shortages.”

Business Environment  |  Market Trends  |  Skilled Nursing  |  medicaid  |  medicare  |  occupancy

Skilled Nursing Occupancy Declined in September 2022

By: Bill Kauffman  |  December 01, 2022

“Medicaid represents over half of the revenue for skilled nursing properties. It is vital for operators and investors to pay close attention to the reimbursement trends in their states as most states do not cover the cost of care.”

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Continued Increase in August 2022

By: Bill Kauffman  |  November 03, 2022

“Occupancy has increased throughout 2022, which suggests demand for skilled nursing is growing. However, retaining adequate staff is still challenging and limits the ability to increase patient admissions.” -Bill Kauffman NIC MAP Vision released its latest Skilled Nursing Monthly Report on November 3, 2022. The report includes key monthly data points from January 2012 through August 2022.

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.”

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