NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Market Fundamentals Amid Challenging Time for Skilled Nursing

By: Omar Zahraoui  |  May 13, 2022

It is no surprise that the COVID-19 pandemic had a tremendous impact on skilled nursing occupancy. But what exactly happened? This article provides the insights on supply and demand dynamics and the disparities between property level occupancy rates for freestanding skilled nursing properties.

COVID-19  |  Market Trends  |  NIC MAP Vision  |  Seniors Housing

Senior Housing Proves Resilient Despite Omicron, with Stabilized Occupancy Unchanged in February 2022

By: Omar Zahraoui  |  March 10, 2022

Despite the headwinds created by the Omicron surge and the consequential staffing crisis, senior housing stabilized occupancy for the NIC MAP® Primary Markets held its ground in February 2022. This was also the case in September 2021 when occupancy withstood the Delta surge and was unchanged from August 2021.

COVID-19  |  Seniors Housing  |  Skilled Nursing  |  Workforce

Skilled Nursing Occupancy Held its Ground During the Omicron Spike Despite High Caseload and Severe Staffing Challenges

By: Omar Zahraoui  |  February 22, 2022

Omicron within skilled nursing facilities accounted for about seven percent of U.S. fatalities, higher than the Delta but far below the Fall 2020 spike. While COVID-19 cases in the country and within skilled nursing facilities (SNFs) were very high during the Omicron surge in January 2022, data shows that fatalities among SNF residents remained significantly below the fall 2020 spike prior to the vaccine rollout.

COVID-19  |  Seniors Housing  |  Skilled Nursing  |  Skilled Nursing Tracker  |  Workforce

Surge in Skilled Nursing COVID Cases, Staffing Shortages Worsening

By: Omar Zahraoui  |  January 17, 2022

Weekly virus cases among residents and staff within skilled nursing facilities (SNFs) had been somewhat steady since the vaccine rollout in December 2020. However, the fast-spreading omicron variant has changed the narrative once again and prompted worries around worsening staffing shortages. SNFs are once again faced with rising COVID-19 cases among both residents and staff on top of a reportedly bad flu season compared with 2020.

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