NIC Notes

Insights in Seniors Housing & Care

COVID-19  |  Skilled Nursing  |  Skilled Nursing Tracker

The Pandemic is Not  Over for Skilled Nursing Facilities with Low Vaccination Rates

By: Omar Zahraoui  |  August 19, 2021

According to the most recent CMS data compiled by NIC’s Skilled Nursing COVID-19 Tracker, 4.8% of skilled nursing facilities (SNFs) reported newly confirmed cases among residents for the week ending August 1, 2021. Half of these facilities had a vaccination rate among staff below 49%, which is 12 percentage points below the national average rate of staff fully vaccinated (60.7%) according to NIC’s Skilled Nursing Covid-19 Tracker.

COVID-19  |  Executive Survey Insights  |  Seniors Housing

Executive Survey Insights | Wave 31: July 12 to August 8, 2021

By: Lana Peck  |  August 12, 2021

“Despite the rise in circulation of the Delta variant of the COVID-19 virus, resident demand remains the driving force behind acceleration in the pace of move-ins. Between roughly 55% and 60% of organizations report that the pace of move-ins accelerated in the past 30-days, and similar proportions report a corresponding increase in occupancy. Other reasons for relatively strong pace of move-ins include residents moving through the continuum of care and the success of redoubled marketing efforts.

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Increases Further in May 2021

By: Bill Kauffman  |  August 11, 2021

  Medicare RPPD down 2.4% from the high set in June 2020. NIC MAP® Data Service, powered by NIC MAP Vision, released its latest Skilled Nursing Monthly Report on August 5, 2021, which includes key monthly data points from January 2012 through May 2021.

Economic Trends  |  Workforce

Much Attention to Strong July Employment Report: Jobs Up by 943,000

By: Beth Mace  |  August 09, 2021

The Labor Department reported that nonfarm payrolls rose by a strong 943,000 in July 2021 and an upwardly revised 938,000 in June. The consensus estimates for July had been for a gain of 858,000. Nonfarm payrolls are now up by 16.7 million since April 2020 but remain down by 5.7 million or 3.7% from pre-pandemic levels of February 2020. The data show that the U.S. recovery from the pandemic remains in place and that the hindrance on hiring from labor shortages may be easing.