NIC Notes

Insights in Seniors Housing & Care

Business Environment  |  Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Federal Reserve Announces Details for Main Street Lending Program

By: Bill Kauffman  |  April 10, 2020

Additional Capital for Small and Mid-Sized Businesses. The Fed can purchase up to $600 billion in loans through the Main Street Lending Program.

Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Announcing COVID-19: CMS Regulatory Review

By: Bill Kauffman and Ryan Brooks  |  April 10, 2020

The Centers for Medicare and Medicaid Services (CMS) have taken numerous critical steps to ensure U.S. health care facilities are prepared to respond to the threat of disease caused by the 2019 Novel Coronavirus. These actions include deadline extensions, policy waivers, benefit expansions, and a reprioritization of certain surveys to grant flexibilities to skilled nursing operators and allow them to take the necessary steps to provide uninterrupted care to their communities.

Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

The Latest CMS Actions Taken for the Coronavirus Crisis

By: Bill Kauffman  |  April 07, 2020

The Centers for Medicare and Medicaid Services (CMS) have taken numerous actions in response to the coronavirus pandemic. This blog is intended to capture the latest announcements from CMS. For prior CMS summaries please click here. The following are the latest summaries and links to CMS for further details.

Business Environment  |  Regulatory Environment  |  Seniors Housing  |  Skilled Nursing

Potential New Source of Capital for Qualified Seniors Housing and Care Businesses

By: Bill Kauffman  |  April 03, 2020

The CARES Act establishes a new $349 billion Paycheck Protection Program As part of NIC’s mission to provide links between operators and sources of capital, one important new source of capital during this COVID-19 crisis is the Paycheck Protection Program from the Small Business Administration (SBA).