NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Seniors Housing  |  Skilled Nursing

Seniors Housing and Care Transactions Volume Down in 2Q: Part I

By: Bill Kauffman  |  August 15, 2016

The second quarter of 2016 marked a significant drop in volume for closed seniors housing and care property sales transactions. Volume in the second quarter registered $1.6 billion. That includes $1 billion in seniors housing and $600 million in nursing care. The total volume was down 61% from the previous quarter’s $4.3 billion and down 81% from the second quarter of 2015, when volume came in at $8.7 billion.

Economic Trends  |  Seniors Housing

Next Up: Revenue Management

By: NIC  |  August 10, 2016

HCP Exec Previews Fall Conference Session

Economic Trends  |  Workforce

At 255,000, July’s Job Gains Are Strong

By: Beth Burnham Mace  |  August 05, 2016

The first Friday of the month at 8:30 EDT is widely anticipated by market participants as the Labor Department presents a fresh gauge of the most recent economic performance in its release of the labor report for the prior month. Today’s number was even more closely watched since recent data releases on the economy (such as the second quarter GDP report that showed an expansion of only 1.2% at an annualized rate) suggest sluggish overall economic growth. The Federal Reserve will next meet on September 20 and 21 to assess the strength of the economy and decide if it should raise its benchmark interest rate. Last week, it decided to leave rates unchanged. 

Economic Trends  |  Regulatory Environment  |  Skilled Nursing

Managed Care 101

By: Liz Liberman  |  August 03, 2016

Managed care is an all-encompassing term that covers a variety of methods to pay for healthcare outside the norm of fee-for-service. Medicare Advantage (MA) plans are a form of managed care, as are Managed Medicaid plans. Accountable Care Organizations (ACOs) also fall under this umbrella. With the exception of MA, managed care is a relatively new idea in terms of health care financing. Generally, with managed care, payments flow through a risk-bearing third-party company to health care providers. The third party’s goal is to manage a patient’s total cost of care so that the total payment made by the third party is smaller than the initial bill. How this system is regulated is still evolving; CMS is committed to moving away from traditional fee-for-service payments, and managed care has a role to play in attaining that goal.

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