NIC Notes

Insights in Seniors Housing & Care

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.

Market Trends  |  NIC MAP Vision  |  Senior Housing  |  Skilled Nursing

Seniors Housing Occupancy Shows Nascent Signs of Improvement at the Property Level

By: Beth Mace and Omar Zahraoui  |  July 30, 2021

The recently released NIC MAP® Data, powered by NIC MAP Vision, show that the seniors housing occupancy rate remained unchanged for the aggregated 31 NIC MAP Primary Markets in the second quarter of 2021. However, a recent analysis by NIC Analytics digs further and finds a substantial rise in the share of properties with increasing occupancy rates in 2Q2021.

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Increased in April 2021

By: Bill Kauffman  |  July 09, 2021

NIC MAP® Data Service, powered by NIC MAP Vision, an affiliate of NIC, released its latest Skilled Nursing Monthly Report on July 1, 2021, which includes key monthly data points from January 2012 through April 2021.

COVID-19  |  Executive Survey Insights  |  Market Trends  |  NIC MAP Vision  |  Senior Housing  |  Skilled Nursing

Cautious Optimism: Occupancy Rates Appear to Have Hit Bottom

By: Beth Mace and Omar Zahraoui  |  June 10, 2021

While it is still early to say if the seniors housing and care market is showing strong and durable signs of a recovery, several indicators from the NIC MAP® Data, powered by NIC MAP Vision, and from NIC Analytics have sparked cautious optimism and suggest that we may be at least at the bottom of the cycle. Occupancy rates may have reached the low point in February and March of 2021; however, the outlook for when occupancy will return to pre-pandemic levels remains a question.

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