NIC Notes

Insights in Seniors Housing & Care

Senior Housing  |  Skilled Nursing  |  healthcare

Understanding the Healthcare Needs and Spending of Senior Housing and Nursing Home Residents

By: Ryan Brooks  |  September 14, 2022

Understanding the healthcare needs of residents of senior housing communities and nursing homes is imperative to best serve the population. In order to garner a better understanding of these healthcare needs and associated spending, NORC at the University of Chicago on behalf of NIC conducted a landmark study. Many residents use high-cost healthcare services including emergency rooms, acute inpatient hospitalization, and post-acute care, and across nearly every dimension analyzed, the data indicates frail and high healthcare cost residents. These factors all highlight an opportunity for value-based care organizations to partner with senior housing and skilled nursing operators.

Business Environment  |  Ideas and Discussion  |  Market Trends  |  Senior Housing  |  Six Key Drivers  |  healthcare  |  medicare  |  telehealth

Six Key Drivers Shaping the Future of Senior Living: Key Driver #4

By: Bob Kramer  |  September 08, 2022

  Reframing Health and Healthcare NIC Co-Founder and Strategic Advisor Robert Kramer has identified “Six Key Drivers” that will shape the senior living industry over the next 10 years. Kramer is also Founder & Fellow at Nexus Insights, a think tank advancing the well-being of older adults through innovative models of housing, community and healthcare. NIC Notes is publishing a bi-weekly series detailing each key driver. View the first three installments of the "Six Key Drivers" blog series. What follows is an analysis of the fourth key driver: Reframing Health and Healthcare. Our new customers, as discussed in Key Driver #3, have a different take on longevity. They are not content to just live longer, they want to live better. They want their lifespan to as nearly as possible to match their “healthspan” or “wellspan.”

Business Environment  |  Ideas and Discussion  |  Market Trends  |  Senior Housing  |  Skilled Nursing  |  healthcare

How to Boost NOI

By: NIC  |  August 16, 2022

It’s simple, right? Increase revenue or decrease expenses. Those are the two ways to boost net operating income (NOI). Ideally, senior housing and skilled nursing operators can do both.

Ideas and Discussion  |  NIC Spring Conference  |  healthcare

How to Leverage Healthcare Partnerships

By: NIC  |  May 26, 2022

Solid partnerships with high-quality healthcare and ancillary service providers can help create better resident outcomes, longer length of stay, and added revenue streams. But what’s the best way to establish and manage a network of providers in a fragmented care system?

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