NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Senior Housing  |  Skilled Nursing  |  Workforce

Economy Adds 2.64 million Jobs in 2018

By: Beth Mace  |  January 04, 2019

Over the year, the U.S. economy added 2.64 million jobs, making it the third best year for job growth since the recession a decade ago and the third best year since 2000.

Economic Trends  |  Regulatory Environment  |  Senior Housing  |  Skilled Nursing

The Implications of PDPM for Skilled Nursing

By: NIC  |  January 02, 2019

Medicare is changing the way skilled nursing operators are paid, effective October 2019. The new Patient-Driven Payment Model (PDPM) system replaces Resource Utilization Groups (RUGs) and will dramatically shift predictors of financial success, while raising new compliance concerns as operators change their business strategies to adapt. Skilled nursing investors, as well as owners, operators, and care/service providers will not want to miss PointRight Executive Vice President and Chief Clinical Officer Steven Littlehale’s upcoming NIC Spring Conference presentation on the subject. NIC recently discussed the session with Littlehale, which is recapped here:

Market Trends  |  Senior Housing  |  Skilled Nursing

Holiday at Home With Mom

By: Mary Ann Donaghy  |  December 27, 2018

It’s the day after Christmas---a time when so many of us are taking a reprieve to enjoy family and friends. Some of us have loved ones who are living in the communities in which we operate, invest and provide services. We are all dedicated to providing an environment where residents, and often our family members, can thrive. In that spirit, this post is not about data, or industry news, or conferences. It’s a personal perspective about what it means to make lives more joyful, meaningful, and healthy for those living in our communities.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Seniors Housing Penetration Rates: Variation over Time, Variation Across Metropolitan Markets

By: Beth Mace and Anne Standish  |  December 05, 2018

Penetration rates vary across markets and across time. Some of the variation may be due to differing demand factors such as population and household growth and size, consumer preferences, familiarity and comfort with the product, changes in the composition of inventory, and cultural influences. This blog post explores some of this variation.

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