NIC Notes

Insights in Seniors Housing & Care

CCRC  |  NIC MAP Vision  |  Seniors Housing  |  Skilled Nursing

CCRC Care Segment Performance 2Q 2021

By: Lana Peck  |  July 28, 2021

The following analysis examines current conditions and year-over-year changes in inventory, occupancy, and same-store asking rent growth—by care segments within CCRCs (CCRC segments) compared to non-CCRC segments in freestanding or combined communities to focus a lens on the relative performance of care segments within CCRCs during the second quarter of 2021.

COVID-19  |  Executive Survey Insights  |  Seniors Housing

Executive Survey Insights | Wave 30: June 14 to July 11, 2021

By: Lana Peck  |  July 15, 2021

“As the market fundamentals in seniors housing and care continue to trend positively since the COVID-19 vaccine became available, and operators are shifting gears from reacting to the threat of contagion in their communities to recovering census, many are finding their organizations returning to some form of operational normalcy in the face of considerable labor challenges. Wages and benefits are typically significant operating expenses for seniors housing and care providers even in the best of times. In the Wave 30 survey, about half of respondents reported that attracting community and caregiving staff was the biggest challenge their organizations are facing 16 months into the pandemic.

COVID-19  |  Executive Survey Insights  |  Seniors Housing

Executive Survey Insights | Wave 29: May 17 to June 13, 2021

By: Lana Peck  |  June 24, 2021

“Recent data from NIC’s Executive Survey Insights, NIC MAP® Data, powered by NIC MAP Vision, and NIC Analytics suggest that cautious optimism may be justified as occupancy rates appear to have reached their low points around the end of March and are gradually improving for many operators of seniors housing and care properties across the nation. Between 48% and 71% of organizations reported upward changes in occupancy depending on the type of care segment. Of note, more than a third of organizations with assisted living residences and nearly one-half with nursing care beds saw occupancy increases of three percentage points or more.

CCRC  |  NIC MAP Vision  |  Seniors Housing

Length of Stay and the Importance of Measuring Net Worth in Senior Housing Market Selection

By: Lana Peck  |  June 22, 2021

NIC’s recent acquisition of VisionLTC and the creation of NIC MAP Vision integrates the market-leading NIC MAP® Data Service with VisionLTC’s best-in-class data for investors, owners, and operators to provide significantly deeper and broader data for industry stakeholders. This article highlights one of the data concepts available to clients.