NIC Notes

Insights in Seniors Housing & Care

Executive Survey Insights  |  Market Trends  |  Senior Housing

Executive Survey Insights Recap and Future NIC Surveys

By: Ryan Brooks  |  August 15, 2023

NIC launched its Executive Survey Insights (ESI) series in March 2020 to provide timely insights on key property operational metrics within the senior housing and skilled nursing sectors during a critical time. Since this survey series was launched, more than 50 waves of the survey captured the property market’s performance through numerous challenges – COVID-19, labor deficiencies, supply shortages, threats of a looming recession, inflation, and rising expenses.

Executive Survey Insights  |  Market Trends  |  Workforce  |  staffing

Executive Survey Insights | June 2023

By: Ryan Brooks  |  July 13, 2023

“The June 2023 ESI again asked respondents to identify the share of full-time positions across their organization that are currently open. The responses indicate an improvement in the number of open positions that are impacting communities.

Business Environment  |  Executive Survey Insights  |  Market Trends  |  Senior Housing

Executive Survey Insights | May 2023

By: Ryan Brooks  |  June 13, 2023

“A new series of questions in the May 2023 survey, suggested by April 2023 ESI survey participants, asked about the utilization of third-party referral aggregators. Of respondents who are currently using third-party aggregators, almost two-thirds (64%) successfully convert less than 25% of the third-party generated leads.

Economic Trends  |  Executive Survey Insights  |  Senior Housing  |  Workforce

Executive Survey Insights |  March 1 to 31, 2023

By: Ryan Brooks  |  April 13, 2023

“Respondents were asked what areas have been impacted by the rising interest rate environment. Recapitalizing properties was the area most reported to be affected by rising interest rates (51%), followed by the ability to purchase properties (36%). Across all care segments, less than one in ten operators (7%) indicate that the rising interest rate environment has impacted all these abilities.

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