NIC Notes

Insights in Seniors Housing & Care

Regulatory Environment  |  Skilled Nursing

Identifying Trends in CMS Skilled Nursing Penalties

By: Ryan Brooks  |  June 29, 2021

The primary tool the Centers for Medicare & Medicaid Services (CMS) has for enforcing care standards at skilled nursing properties are civil monetary penalties (CMPs). CMPs are essentially fines for facilities found to be out of compliance with CMS care standards. Based on a national average, CMS penalties for skilled nursing properties had been on the rise from 2016 to the third quarter of 2019.  

COVID-19  |  Ideas and Discussion  |  Seniors Housing  |  Skilled Nursing

Study Shows Care Setting Impact on COVID-19 Mortality

By: Ryan Brooks  |  June 07, 2021

NIC provided a grant to NORC at the University of Chicago (NORC) to study the disparate effects of the pandemic on different seniors housing and care settings. The study results have just been released.

COVID-19  |  Regulatory Environment

Treasury Releases $350B in State and Local Recovery Funds

By: Ryan Brooks  |  May 12, 2021

On Monday, the U.S. Department of Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the passing of the American Rescue Plan in March. The recovery funds provide $350 billion in emergency funding for eligible state and local governments and provide substantial flexibility for each jurisdiction to meet local needs—including support for households, small businesses, impacted industries, essential workers, and the communities hardest-hit by the crisis.

Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Congressional Hearings and Confirmations Spotlight Seniors Housing & Care Sector

By: Ryan Brooks  |  May 06, 2021

Over the last month, a series of congressional hearings and confirmations shined a spotlight on the seniors housing and care sector as a whole, as well as a number of areas impacting the industry. The hearings followed a tumultuous year of navigating the COVID-19 public health emergencies and subsequent media scrutiny, and covered a wide range of topics, including staffing necessities, private equity investment, quality metrics, home and community-based services (HCBS) funding, reimbursement pressures, telehealth flexibilities, and dual-eligible care coordination.

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