NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Workforce

Jobs Increase by 223,000 in May 2018

By: Beth Mace  |  May 01, 2018

The Labor Department reported that there were 223,000 jobs created in the U.S. economy in May, well above the consensus expectation of 190,000. This followed a downwardly revised gain of 159,000 jobs in April (originally reported as 164,000) and an upwardly revised gain of 155,000 in March (originally reported as 135,000). The two-month revision was a positive 15,000 new jobs. After revisions and thus far five months into the year, payrolls gains have averaged 207,000 per month, up from 182,000 per month last year.

Market Trends  |  Senior Housing  |  Workforce

Five Key Takeaways from NIC’s First-Quarter 2018 Seniors Housing Data Release

By: Beth Mace  |  April 25, 2018

NIC MAP® Data Service clients attended a webinar in mid-April on the key seniors housing data trends during the first quarter of 2018. Key takeaways included the following.

Economic Trends  |  Market Trends  |  Regulatory Environment  |  Senior Housing  |  Skilled Nursing

CMS Says Medicare Advantage Plans Can Offer More Benefits, and Seniors Housing Providers May Be the Real Beneficiaries

By: Liz Liberman  |  April 18, 2018

Each year the Centers for Medicare & Medicaid Services (CMS) announces adjustments to regulations and compensation for Medicare Advantage for the following year. Medicare Advantage (MA) providers then have a widow of time in which to submit to the federal government program designs for the following year's MA plans in compliance with the announced adjustments.

Economic Trends  |  Market Trends  |  Workforce

Tight Labor Markets: What Can Seniors Housing and Care Operators Do?

By: Beth Mace  |  April 04, 2018

What strategies can be used to mitigate today’s tight labor markets? Below are some ideas that I hope will stimulate conversation and dialog about a topic that is here to stay. Collectively, let’s keep adding to this list and generate additional ideas about practical and implementable solutions to the ever-growing challenge of today’s tight labor markets.