NIC Notes

Insights in Seniors Housing & Care

Senior Housing  |  Skilled Nursing

Submit Your Photos for the NIC Investment Guide

By: NIC  |  April 10, 2020

The sixth edition of the NIC Investment Guide: Investing in Seniors Housing & Care is scheduled to publish in fall 2020. We invite your organization to submit photos of seniors housing and nursing care properties to be featured within this publication.

Economic Trends  |  Senior Housing  |  Workforce

Initial Jobless Claims Remain High at 6.6 million in the Week Ending April 4

By: Beth Mace  |  April 09, 2020

The Department of Labor reported that 6,606,000 Americans filed for unemployment insurance benefits in the week ending April 4, 2020 as the COVID-19 pandemic caused businesses to reduce or furlough their workforces. This was a very slight decline of 261,000 from the previous week’s upwardly revised record high level of 6,868,000. The speed and scale of the job losses is unprecedented. In the past three weeks, more than 16 million people have filed claims. At its worse during the Great Recession, there were 665,000 first-time claims filed in the week ended March 28, 2009. That was second only to the week ended October 2, 1982, when 695,000 first-time claims were filed.

Regulatory Environment  |  Senior Housing  |  Skilled Nursing

The Latest CMS Actions Taken for the Coronavirus Crisis

By: Bill Kauffman  |  April 07, 2020

The Centers for Medicare and Medicaid Services (CMS) have taken numerous actions in response to the coronavirus pandemic. This blog is intended to capture the latest announcements from CMS. For prior CMS summaries please click here. The following are the latest summaries and links to CMS for further details.

COVID-19  |  Senior Housing  |  Skilled Nursing  |  healthcare

Avoiding Loneliness in the Face of Social Distancing

By: Ryan Brooks  |  April 06, 2020

Last week, the United States claimed the top spot in known coronavirus cases. States across the country are issuing guidelines to stay at home; an increasing number are mandating a social distancing strategy with shelter in place orders. Seniors housing operators are cancelling all non-essential group activities and events. Essential activities like meals are being staggered to minimize contact with multiple staff members and other residents.

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