NIC Notes

Insights in Seniors Housing & Care

Market Trends  |  NIC MAP Vision  |  Seniors Housing

NIC MAP Vision Expands Ability to View Competition Across the Nation

By: Lana Peck  |  April 16, 2021

NIC’s recent acquisition of VisionLTC and creation of NIC MAP Vision integrates the market-leading NIC MAP® Data Service with VisionLTC’s best-in-class data for investors, owners, and operators to provide significantly deeper and broader data for industry stakeholders.

NIC MAP Vision  |  Skilled Nursing

Skilled Nursing Occupancy Continued to Be Challenged in January 2021

By: Bill Kauffman  |  April 07, 2021

Managed Medicare RPPD hit a new low. NIC MAP® Data Service, powered by NIC MAP Vision, released its latest Skilled Nursing Monthly Report on April 1, 2021, which includes key monthly data points from January 2012 through January 2021. Here are some key takeaways from the report.

COVID-19  |  Market Trends  |  NIC MAP Vision  |  Seniors Housing

Did Seniors Housing Occupancy Declines Vary by Operator Size in 2020?

By: Beth Burnham Mace and Anne Standish  |  March 31, 2021

A lot of attention has been paid to the occupancy challenges that seniors housing operators have faced since the COVID-19 pandemic began in early 2020. This blog focuses on the impact of the pandemic on occupancy by operator size. We conclude that single-property operators generally saw smaller occupancy declines during 2020 than very large operators. New supply, as well as pandemic-related changes in the rates of move-ins and move-outs, contributed to this disparity.

NIC MAP Vision  |  Seniors Housing  |  Skilled Nursing

Is the “70/30 Rule of Thumb” in Market  Demand  Studies Accurate?

By: Lana Peck  |  March 17, 2021

Key Takeaway: In absence of local data, feasibility analysts use the so called “70/30” rule, where 70% of a PMA’s potential residents come from within the PMA and the remaining 30% come from outside the PMA. Analysis using VisionLTC data, powered by NIC MAP Vision, shows the story is not that simple.

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