By: NIC | August 04, 2020
Just two days ahead of the NBA season’s restart in Orlando, Florida, NIC hosted it’s ninth “Leadership Huddle” webinar to discuss the professional sports league’s efforts to contain the virus, and gain insight on the latest developments in testing, wearables, and protocols. Titled “From Pro Sports to Senior Care: Innovations in Testing, Tech, and Protection,” the event was intended to share lessons and experiences earned fighting COVID-19 in other industries with seniors housing and care providers and investors. While very different in terms of scope, demographics, access to resources, and scale, the NBA has been faced with some of the same challenges that senior living operators face today. Working with experts across the country, including Testing for America, a “nonprofit established by leading scientists, academics, and entrepreneurs,” the NBA is showing significant improvements in curtailing the spread of the virus amongst its players and staff, despite putting them in close proximity to train and play together in a ‘bubble’ located in Orlando, Florida.
COVID-19 | Market Trends | NIC MAP Vision | Senior Housing
By: Beth Mace | July 31, 2020
NIC MAP® Data Service clients attended a webinar in mid-July on the key seniors housing and nursing care data trends during the second quarter of 2020. Led by the NIC research team, the webinar presented findings that reflected the impact of COVID-19 across the seniors housing and care sector. Key takeaways included the following:
Economic Trends | Senior Housing
By: Beth Mace | July 30, 2020
A lot of economic news today, much of which was not encouraging. First, the long-awaited first estimate of GDP growth in 2Q 2020 was released by the Bureau of Economic Analysis and as anticipated the number was historic, with an annualized decline of 32.9% reported. Second, and for the second consecutive week, the number of initial claims filed for unemployment insurance rose. Third, the Chair of the Federal Reserve, Jerome Powell, encouraged Congress to act quickly to inject further fiscal stimulus into a weakening economic landscape.
Market Trends | NIC MAP Vision | Skilled Nursing
By: Bill Kauffman | July 30, 2020
In a continuation of NIC’s commitment to release data and insights on a monthly basis in response to rapid market changes, NIC released monthly data today from the NIC Skilled Nursing Data Initiative. This release incorporates key takeaways of market trends through May 2020.
