NIC Notes

Insights in Seniors Housing & Care

The Medicare Advantage Landscape: Plan Consolidation and Proposed Rate Cuts Impact Care Providers

By: Ryan Brooks  |  February 15, 2024

In 2023, Medicare Advantage (MA) enrollment surpassed traditional fee-for-service Medicare enrollment for the first time in the program’s history, with more than 30 million seniors—51% of the Medicare population—now enrolled in a private plan. While MA plans can boast lower 30-day hospital readmission rates and fewer avoidable hospitalizations for their members, the increasing penetration of MA plans is a trend that senior housing and care providers should monitor closely.

Market Trends  |  NIC MAP Vision  |  Senior Housing

NIC MAP Vision Fourth Quarter 2023 Key Takeaways: Senior Housing Occupancy Rate Increases for Tenth Consecutive Quarter

By: Caroline Clapp  |  February 01, 2024

The NIC Analytics team presented findings during a webinar with NIC MAP Vision clients on January 18, to review key senior housing data trends during the fourth quarter of 2023.

Market Trends  |  Senior Housing

Five Senior Housing Trends Shaping Growth in 2024

By: Lisa McCracken  |  January 18, 2024

The year ahead will likely be a dynamic one for senior housing and care with unfolding trends that will shape our sector in meaningful ways for the next decade as boomers age into the demographic most likely to access housing and services. The five trends below highlight some of these sector growth predictions to watch in 2024.