NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Increased to 74.2% in June 2021

By: Bill Kauffman  |  September 08, 2021

Reimbursement differential between Medicare fee-for-service and managed Medicare has accelerated during the pandemic. NIC MAP® Data Service, powered by NIC MAP Vision, released its latest Skilled Nursing Monthly Report on September 2, 2021, which includes key monthly data points from January 2012 through June 2021.

Economic Trends  |  Workforce

Disappointing August Employment Report: Jobs Up by 235,000

By: Beth Mace  |  September 03, 2021

The Labor Department reported that nonfarm payrolls rose by a weaker than expected 235,000 in August 2021. The consensus had been for an increase of 725,000. This was a sharp deceleration from July when jobs grew by 1.1 million and June when jobs increased by 962,000. Through August, monthly job growth has averaged 586,00 per month. Nonfarm payrolls are now up by 17.0 million since April 2020 but remain down by 5.3 million or 3.5% from pre-pandemic levels of February 2020.

Actual Rates  |  Market Trends  |  NIC MAP Vision

2Q2021 NIC MAP Seniors Housing Actual Rates Report Key Takeaways

By: Anne Standish  |  September 02, 2021

The NIC MAP® Data Service, powered by NIC MAP Vision, recently released national monthly data through June 2021 for actual rates and leasing velocity. This report includes national data as well as data for Atlanta, Philadelphia, and Phoenix. 

Economic Trends  |  NIC Fall Conference

The Economic Outlook and Its Impact on the Industry

By: NIC  |  August 30, 2021

Two of the nation’s most influential economic thinkers, Paul Krugman and Lawrence H. Summers, will face-off in person at this year’s NIC Fall Conference during a lively main stage debate. Both have strong, often differing opinions about the economy and the path forward. The discussion will be moderated by Angela Mago, president Key Commercial Bank & KeyBank Real Estate Capital.