Business Environment | Market Trends | NIC MAP Data | NIC MAP Vision | Senior Housing | occupancy
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%.
NIC MAP Data | NIC MAP Vision | Skilled Nursing | medicaid | medicare | occupancy
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.
Economic Trends | Ideas and Discussion | Market Trends | occupancy
By: Beth Mace | February 21, 2023
It’s a tale of two markets and many influencing factors as we move further into 2023. The capital markets remain hostage to the Federal Reserve which continues its course of tighter monetary policy and higher interest rates. Most pundits believe this will continue through mid-year 2023 until tangible evidence emerges of decelerating inflation, and in particular service inflation. Meanwhile, market fundamentals continue to improve for senior housing, with rising occupancy rates, strong demand patterns, and limited, albeit on-going, inventory growth.
COVID-19 | Market Trends | Skilled Nursing | medicaid | medicare | occupancy
By: Bill Kauffman | December 29, 2022
“The occupancy rate for skilled nursing properties increased throughout 2022. However, labor continues to be a significant challenge within the industry and some operators are unable to admit new patients due to staffing shortages.”