NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Senior Housing  |  memory care

Memory Care – An In-Depth Analysis of the Sector’s Standing and Dynamics

By: Omar Zahraoui  |  June 15, 2023

According to estimates derived from an analysis released by NIC Analytics in 2022, approximately one in nine Americans aged 65 and older, totaling 6.5 million individuals, are affected by Alzheimer’s or other dementias. The analysis further indicated that the prevalence increased with age, with higher ratios observed in older age cohorts. By projecting the findings to 2030, NIC Analytics estimated that around 8.2 million Americans will be living with Alzheimer’s or other forms of dementia just seven years from now. These estimates highlight the importance of providing tailored and innovative care and support to meet the growing demand for specialized memory care services.

NIC MAP Vision  |  medicare  |  memory care

Utilizing Dementia Medicare Data for More Informed Underwriting

By: Beth Mace and Anne Standish  |  January 06, 2022

The aging of the U.S. population and the growing incidence of dementia make understanding the local prevalence of this disease more important than ever for planning senior housing projects.