Today, NIC released monthly data from the NIC Skilled Nursing Data Initiative which incorporates key takeaways of market trends through April 2020. Going forward, NIC will continue to release updated data and insights on a monthly basis in response to rapid market changes caused by the COVID-19 pandemic and its impact on the skilled nursing industry. The following summarizes the monthly release with data from January 2012 through April 2020:
The NIC MAP® Data Service recently released national monthly data through March 2020 for actual rates and leasing velocity. In this release, NIC also provided data on three metropolitan areas for which there is sufficient data to report upon: Atlanta, Philadelphia, and Phoenix.
The COVID-19 pandemic has created an urgency for insights on data and trends in the seniors housing and care sector. NIC has long held that transparency, accuracy, and timeliness are key factors for well-informed decision-making.