NIC Notes

Insights in Seniors Housing & Care

Business Environment  |  COVID-19  |  Executive Survey Insights  |  Market Trends

Executive Survey Insights | Wave 41: May 2 to May 27, 2022

By: Ryan Brooks  |  June 02, 2022

In a new question in the Wave 41 survey, respondents were asked whether they found the acuity of new resident move-ins to have increased, decreased, or stayed the same as compared to before the pandemic. Significantly, move-in acuity has increased for 71% of the respondents with assisted living, and for more than 60% of respondents with memory care units and nursing care beds. In independent living settings, 41% of respondents report acuity having increased since before the pandemic. The shares of organizations reporting acceleration in nursing care move-ins continued to increase – from 21% in Wave 37 conducted in January 2022 to 68% in Wave 41. This marks the fourth consecutive wave where the pace of nursing care move-ins has increased from the prior wave. Over one-half of respondents to the Wave 41 survey (53%) reported lead volumes above pre-pandemic levels in May – a noteworthy increase from the Wave 38 survey reflecting results in February (33%).

Regulatory Environment  |  Senior Housing  |  Skilled Nursing

Identifying Trends in CMS Skilled Nursing Penalties

By: Ryan Brooks  |  November 23, 2021

Updated November 23, 2021 (original blog posted June 29, 2021). The primary tool CMS has for enforcing care standards at skilled nursing properties are civil monetary penalties (CMPs), which 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  |  Senior Housing  |  Skilled Nursing  |  Workforce

COVID-19 Discussions with Senior Housing and Care Operators

By: Ryan Brooks  |  October 26, 2021

In March and April of 2021, researchers from the National Investment Center for Seniors Housing and Care (NIC) and the nonpartisan and objective research organization, NORC at the University of Chicago (NORC). spoke with a dozen senior housing and care operators about their experiences, challenges, and successes throughout the COVID-19 public health emergency during 2020. Discussion topics included workflow changes implemented in response to various state and federal requirements, testing strategies employed, PPE access, challenges with dementia care residents, interventions to address loneliness and social isolation, and efforts to vaccinate residents and staff.

Economic Trends  |  Market Trends  |  Senior Housing

Social Security Benefits to Increase Significantly in 2022

By: Ryan Brooks  |  October 19, 2021

The Social Security Administration announced they will raise Social Security and Supplemental Security Income (SSI) benefits by 5.9% for approximately 70 million Americans – 64 million Social Security beneficiaries and 8 million SSI recipients. This adjustment is set to take effect with benefits that Social Security beneficiaries receive beginning in January 2022.

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