NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Workforce

U.S. Economy Generated 227,000 Jobs in January 2017

By: Beth Mace  |  February 08, 2017

In the first major release of employment conditions under the Trump Administration, the Labor Department reported on Friday that nonfarm payrolls increased by 227,000 positions in January, above the consensus 175,000 estimate. The change in total nonfarm payroll employment for November was revised down from 204,000 to 164,000, and the change for December was revised up from 156,000 to 157,000. With these revisions, employment gains in November and December combined were 39,000 lower than previously reported. Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation of seasonal factors.

Economic Trends  |  Regulatory Environment  |  Skilled Nursing

What’s the Story on Medicaid Block Grants?

By: Liz Liberman  |  February 01, 2017

In the executive order signed on his first day in office, President Trump instructed federal agencies to prepare to grant states more flexibility in managing their health care programs, possibly clearing the way for Medicaid block grants. How could block grants affect seniors housing and care?

Economic Trends  |  Regulatory Environment  |  Skilled Nursing

ACA Repeal and the Impact on Long-Term Care

By: Liz Liberman  |  January 27, 2017

Shortly after the U.S. presidential election, the Senate and House began the formal process of repealing the Affordable Care Act (ACA). Then, within hours of his inauguration, President Donald Trump signed an executive order instructing all federal agencies "to minimize the unwarranted economic and regulatory burdens of the Act, and prepare to afford the States more flexibility and control to create a more free and open healthcare market." Just as the ACA acted as a major reform of the health care payment and delivery system, repealing the ACA will also have a major impact on health care providers, consumers, and the companies in between, such as pharmaceutical manufacturers and, of course, insurance companies. But how will the repeal of the ACA directly affect providers in the seniors housing and care space?

Economic Trends  |  Market Trends  |  Senior Housing  |  Skilled Nursing

Understanding Your Market Study: Part 1

By: Lana Peck  |  January 25, 2017

Components of Market Analysis for Seniors Housing and Care Market studies are a critical component of the seniors housing development planning process. They’re hard to get right and, unfortunately, extremely easy to get wrong. In this multi-part blog series, I’ll provide the nuances, techniques, and best practices for making your market study a successful tool that helps prevent major project failures and uncover significant opportunities. First up: The integral components of a successful market study.