NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Continued Increase in August 2022

By: Bill Kauffman  |  November 03, 2022

“Occupancy has increased throughout 2022, which suggests demand for skilled nursing is growing. However, retaining adequate staff is still challenging and limits the ability to increase patient admissions.” -Bill Kauffman NIC MAP Vision released its latest Skilled Nursing Monthly Report on November 3, 2022. The report includes key monthly data points from January 2012 through August 2022.

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Economic Uncertainty Clouds Outlook

By: NIC  |  November 01, 2022

Better Times Expected as Baby Boomers Start to Arrive The U.S. economy holds both upside and downside risks that will impact the senior housing and care industry in the near term. Inflation is high, labor costs are up, and the price of capital is rising. But low unemployment, moderate growth in consumer spending, and a recent uptick in GDP are relative bright spots.

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

California’s Middle-Income Population Projections

By: Ryan Brooks  |  October 27, 2022

Building upon the groundbreaking “Forgotten Middle” study and its subsequent update, NORC at the University of Chicago recalibrated a nationally representative forecast of the 2033 middle-market population to produce estimates reflective of future California residents. The analysis revealed several key findings about the potential unmet needs of California’s middle-income seniors, including:

Market Trends  |  NIC MAP Vision  |  Senior Housing

NIC MAP Vision 3Q22 Key Takeaways: Senior Housing Occupancy Rate Rose Full Percentage Point

By: Beth Mace  |  October 26, 2022

NIC MAP Vision clients, with access to NIC MAP® data, attended a webinar in mid-October on key seniors housing data trends during the third quarter of 2022. Findings were presented by the NIC Analytics research team. Key takeaways included the following: