NIC Notes

Insights in Seniors Housing & Care

Business Environment  |  Economic Trends  |  Forgotten Middle  |  Ideas and Discussion  |  Market Trends

Back to 2000 With Eyes on Future Change

By: Caroline Clapp  |  February 13, 2023

I recently had the opportunity to attend the ASHA Annual Meeting in Scottsdale, and the mood was both reflective and forward-looking.  

Ideas and Discussion  |  Market Trends  |  NIC Spring Conference  |  NIC conference  |  medicare

Stop Talking, Start Doing: Expert Speaks on Medicare Trends, Opportunities

By: NIC  |  February 09, 2023

2023 NIC Spring Conference Preview  Forget trying to design the perfect healthcare partnership. Now’s the time to stop talking and start doing, according to Dr. Sachin Jain, CEO of SCAN Group and SCAN Health Plan, one of the nation’s largest and fastest growing not-for-profit Medicare Advantage plans.  

Business Environment  |  Economic Trends  |  Market Trends  |  Senior Housing

Closed New Permanent Loan Volumes Fell to a Time Series Low

By: Omar Zahraoui and Bill Kauffman  |  February 08, 2023

3Q 2022 NIC Lending Trends Report NIC Analytics has released the 3Q 2022 NIC Lending Trends Report. The quarterly report, available for free to NIC’s constituents, currently tracks $85.1 billion in senior housing and nursing care loans. The report includes data over six years for construction loans, mini-perm/bridge loans, and permanent loans from 3Q 2016 through 3Q 2022.

Business Environment  |  Economic Trends  |  Workforce

Jobs Surge 517,000 in January; Jobless Rate Slides to 3.4%

By: Beth Mace  |  February 03, 2023

The unemployment rate fell to 3.4% in January, its lowest level since 1969 and below December’s already low rate of 3.5%.  Separately, the U.S. Bureau of Labor Statistics also reported that nonfarm payrolls rose by a very large 517,000 in January 2023, nearly twice as much as in December (260,000) and more than the monthly average of 401,000 in 2022.  Market expectations had called for a gain of less than 200,000 jobs.  Revisions added 71,000 positions to total payrolls in the previous two months.  The monthly gain and revisions paint an image of a still strong labor market.