NIC Notes

Insights in Seniors Housing & Care

NIC MAP Vision  |  Skilled Nursing  |  occupancy

Skilled Nursing Occupancy Increased in January 2023

By: Bill Kauffman  |  March 30, 2023

NIC MAP Vision released its latest Skilled Nursing Monthly Report on March 30, 2023. The report includes key monthly data points from January 2012 through January 2023.

Business Environment  |  Market Trends  |  NIC MAP Data  |  NIC MAP Vision  |  Senior Housing  |  occupancy

Inventory Slowdowns, Senior Housing Stabilized Occupancy Increased

By: Omar Zahraoui  |  March 09, 2023

The senior housing stabilized occupancy rate for the NIC MAP Primary Markets edged up to 84.3% in the February 2023 reporting period, up 0.2 percentage point (pps) from the January 2023 reporting period on three-month rolling basis, according to intra-quarterly NIC MAP® data, released by NIC MAP Vision. From its pandemic record low of 80.3% in June 2021, senior housing stabilized occupancy increased by 4.0pps but remained 5.1pps below pre-pandemic March 2020 levels of 89.4%.

Actual Rates  |  NIC MAP Data  |  NIC MAP Vision  |  Senior Housing

Exploring the Interplay Between Inflation, Rate Growth, Demand and Occupancy in Senior Housing

By: Beth Mace and Omar Zahraoui  |  March 09, 2023

An In-Depth Analysis of NIC MAP Vision Actual Rates Data Executive Summary Through this in-depth analysis, we hope to shine a spotlight on the relationship between inflation, the pace of growth seen in-place actual rates, demand and occupancy. Actual in-place rates refer to effective rates or the rates that are “actually being paid” to live in senior housing. This is often not the same as the asking or listing rate that may be advertised or listed in a brochure.

NIC MAP Data  |  NIC MAP Vision  |  Skilled Nursing  |  medicaid  |  medicare  |  occupancy

Skilled Nursing Occupancy Remains Below 80%

By: Bill Kauffman  |  March 02, 2023

NIC MAP Vision released its latest Skilled Nursing Monthly Report on March 2, 2023. The report includes key monthly data points from January 2012 through December 2022.

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