NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Senior Housing

NIC MAP Vision 3Q23 Key Takeaways: Senior Housing Occupancy Rate Increases for Ninth Consecutive Quarter

By: Caroline Clapp  |  October 20, 2023

NIC MAP Vision clients, with access to NIC MAP® data, attended a webinar in mid-October on key senior housing data trends during the third quarter of 2023. Findings were presented by the NIC Analytics research team. Key takeaways included the following:

Market Trends  |  NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Held Steady in July

By: Bill Kauffman  |  September 28, 2023

NIC MAP Vision released its latest Skilled Nursing Monthly Report on September 28, 2023. The report includes key monthly data points from January 2012 through July 2023.

CCRC  |  Market Trends  |  NIC MAP Vision

CCRC Performance 2Q 2023

By: Omar Zahraoui  |  September 13, 2023

The following analysis examines occupancy and year-over-year changes in inventory, and same-store asking rent growth—by care segment—within CCRCs and non-CCRCs in the 99 combined NIC MAP Primary and Secondary Markets. The analysis also explores the distribution of occupancy rates by payment type across all care segments during the second quarter of 2023.

Market Trends  |  NIC MAP Vision  |  Senior Housing

Senior Housing All Occupancy on Track for a Ninth Consecutive Quarter of Gains

By: Omar Zahraoui  |  September 12, 2023

Senior housing all-occupancy is on track for a ninth consecutive quarterly gain, with a half percentage point increase in the first two months of the third quarter of 2023, i.e., July and August. The all-occupancy rate for senior housing for the 31 NIC MAP Primary Markets edged up to 84.2% in the August 2023 reporting period, up 0.1 percentage points (pps) from the July 2023 reporting period on a three-month rolling basis, according to intra-quarterly NIC MAP® data, released by NIC MAP Vision. From its pandemic record low of 77.8% in June 2021, senior housing all-occupancy increased by 6.4pps and is now 2.9pps below pre-pandemic March 2020 levels of 87.1%.

-->