NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Workforce

U.S. Economy Generated 2.2 Million Jobs in 2016

By: Beth Mace  |  January 06, 2017

In the last major release of employment conditions under the Obama Administration, the Labor Department reported on Friday that nonfarm payrolls increased by 156,000 positions in December. Marking the seventh year of economic expansion, 2.2 million jobs were generated in 2016, compared with 2.7 million in 2015. Hiring has averaged 180,000 new positions per month over the past 12 months. The December gain was below the 175,000 consensus projection. The change in total nonfarm payroll employment for November was revised up from 178,000 to 204,000 and the change for October was revised down from 142,000 to 135,000. With these revisions, employment gains in November and October combined were 19,000 higher than previously reported.

Economic Trends  |  Regulatory Environment  |  Senior Housing  |  Skilled Nursing

Major Regulatory Headlines for Senior Living to Watch in 2017

By: Liz Liberman  |  January 04, 2017

From a regulatory perspective, 2016 was certainly a busy year in seniors housing and care. From new bundled payment models to revised participation requirements, the Centers for Medicare and Medicaid (CMS) rolled out new guidance and rules at a rapid pace. With a new administration and a new leader at the helm of Health and Human Services (HHS, the agency under which CMS operates), 2017 could turn out as interesting as 2016. Here are the regulatory areas I'll be keeping my eye on in the next year.

Economic Trends  |  Senior Housing

The Southeast’s Seniors Housing Market

By: Beth Mace  |  December 28, 2016

The Southeast is a vibrant and expanding region of the U.S., both for job seekers and business owners. This region, which includes Florida, Georgia, Mississippi, Alabama, and Tennessee, attracts older and younger people alike, who are drawn by the warmer climate, retirement destinations, business connections, cultural offerings, recreational opportunities, and broad-based growth potential.

Economic Trends  |  Skilled Nursing  |  Workforce

Takeaways from Our 3Q Skilled Nursing Data

By: Bill Kauffman  |  December 22, 2016

Last week, NIC released its fourth Skilled Nursing Data Report, which includes key monthly data points from October 2011 through September 2016. In this week’s blog post, we’ll highlight the main takeaways from the report.