Business Environment | NIC Leadership Huddle | Seniors Housing
By: NIC | March 18, 2021
In mid-September 2020, even as the COVID-19 pandemic continued to drive weaker occupancy rates, higher expenses, and intense media scrutiny of the senior living sector, a ten-property senior living portfolio was successfully closed in a recapitalization and acquisition deal.
NIC MAP Vision | Seniors Housing | Skilled Nursing
By: Lana Peck | March 17, 2021
Key Takeaway: In absence of local data, feasibility analysts use the so called “70/30” rule, where 70% of a PMA’s potential residents come from within the PMA and the remaining 30% come from outside the PMA. Analysis using VisionLTC data, powered by NIC MAP Vision, shows the story is not that simple.
COVID-19 | Skilled Nursing | Skilled Nursing Tracker
By: Omar Zahraoui | March 16, 2021
As vaccinations rise and COVID-19 case counts fall in skilled nursing facilities, CMS has revised its guidelines for nursing home visits. Effective on Wednesday, March 10, 2021, nursing homes are allowing residents and their loved ones to finally reunite, hug and hold hands after one year of isolation and psychological burden. This is a long-awaited relief for both residents and loved ones.
COVID-19 | Economic Trends | Regulatory Environment | Seniors Housing | Skilled Nursing
By: Ryan Brooks | March 12, 2021
On March 10, the House passed the American Rescue Plan, the $1.9 trillion economic relief bill aimed at helping the country recover from the ongoing coronavirus pandemic. On March 11, President Biden signed the bill into law.
