NIC Notes

Insights in Seniors Housing & Care

Executive Survey Insights  |  Seniors Housing

Executive Survey Insights Wave 35: November 8 - December 5, 2021

By: Lana Peck  |  December 16, 2021

In the Wave 35 survey, nearly half of organizations with multiple properties (45%) reported staff shortages in all their properties—up from roughly one-third (30%) in the Wave 24 survey conducted mid-March. While attracting community and caregiving staff remains a significant challenge, the percentage of organizations citing staff turnover increased from about one-half (53%) to more than two-thirds (70%) since mid-June.

Market Trends  |  Skilled Nursing

Skilled Nursing Occupancy Declined in September 2021

By: Bill Kauffman  |  December 08, 2021

  Omicron Variant an Added Risk as 2021 Comes to a Close.   NIC MAP® data, powered by NIC MAP Vision, released its latest Skilled Nursing Monthly Report on December 2, 2021, which includes key monthly data points from January 2012 through September 2021.

Ideas and Discussion  |  Seniors Housing  |  Skilled Nursing

SafelyYou Leverages AI to Reduce Falls & Costs: A Conversation with Tom Bang

By: NIC  |  December 07, 2021

Falls are a constant worry and costly problem for senior living owners and operators. The solution could be better fall management with artificial intelligence (AI). San Francisco-based SafelyYou has developed an AI-enabled fall management program to detect and prevent falls. The SafelyYou system has already been installed in more than 100 communities, with the backing of REITs, insurers, and healthcare payors.

Economic Trends  |  Workforce

Disappointing Gain in November Employment Report: Jobs Up by 210,000

By: Beth Mace  |  December 03, 2021

The Labor Department reported that nonfarm payrolls rose by 210,000 in November 2021. The consensus had been for an increase of 550,000. This was a sharp slowdown from October when jobs increased by 546,000 (originally reported as 531,000) and from September when jobs grew by an upwardly revised 379,000 (originally reported as 312,000).