As Alan Weil, Health Affairs Editor-in-chief stated, “This is a pretty scary reality that’s coming towards us.” It was an appropriate sentiment, as the nation’s leading peer-reviewed health policy journal released a groundbreaking new study, commissioned and funded by NIC, and shared with the world its unsettling findings. Addressing a room full of media and policy makers, as well as hundreds of viewers on a live webcast, Weil introduced the study, titled “The Forgotten Middle: Many Middle-Income Seniors Will Have Insufficient Resources For Housing And Health Care,” and added that, “this is a topic that’s easy to set aside for other priorities, but hopefully it will yield additional discussions.”
As a mission-driven, non-profit organization, NIC is committed to supporting and developing the future leaders influencing seniors housing and care. In its selective process, NIC objectively chooses accomplished young professionals in the seniors housing and care and finance sectors to form the NIC Future Leaders Council (FLC). While gaining valuable experience developing their leadership skills, FLC members further NIC’s mission of enabling access and choice in seniors housing and care by contributing to NIC initiatives, committees, task forces, and publications.
The NIC MAP® Data Service recently released national monthly data through December 2018 for actual rates and leasing velocity. The NIC Actual Rates initiative is driven by the need to continually increase transparency in the seniors housing sector and achieve greater parity to data that is available in other real estate asset classes. Having access to accurate data on the monthly rates a seniors housing resident pays as compared to asking rates helps us achieve this goal.
One of the most talked-about sessions at the recent 2019 NIC Spring Conference was the “Boomer Hackathon,” in which three teams – and those in attendance – brainstormed innovations in seniors housing appropriate for incoming Baby Boomers. A standing-room-only crowd participated in the event, forming small groups to attack the same problem as three teams of experts, who were formed ahead of time.