COVID-19 | Market Trends | Seniors Housing | Skilled Nursing
By: Omar Zahraoui | December 02, 2021
A Pandmeic Initiative In spring 2020, responding to the onset of the COVID-19 pandemic, NIC launched numerous initiatives to help senior living leaders understand and improve their responses to the crisis. Given the pace of change impacting the industry, NIC began to produce a high volume of relevant and timely data and analysis more frequently than ever before. In just a few months, NIC produced an entire suite of resources aimed at improving access to data and analysis relevant to the impact of COVID-19 on the senior housing and care industry. Part of that effort was to release the NIC Intra-Quarterly Snapshot reports, which, like several other pandemic-related NIC initiatives, is still being produced today.
Regulatory Environment | Seniors Housing | Skilled Nursing
By: Ryan Brooks | November 23, 2021
Updated November 23, 2021 (original blog posted June 29, 2021). The primary tool CMS has for enforcing care standards at skilled nursing properties are civil monetary penalties (CMPs), which are essentially fines for facilities found to be out of compliance with CMS care standards. Based on a national average, CMS penalties for skilled nursing properties had been on the rise from 2016 to the third quarter of 2019.
Market Trends | Skilled Nursing
By: Bill Kauffman | November 10, 2021
Labor shortages and the delta variant likely limited further occupancy gains. NIC MAP® data, powered by NIC MAP Vision, released its latest Skilled Nursing Monthly Report on November 4, 2021, which includes key monthly data points from January 2012 through August 2021.
COVID-19 | Ideas and Discussion | Seniors Housing | Skilled Nursing | Workforce
By: Ryan Brooks | October 26, 2021
In March and April of 2021, researchers from the National Investment Center for Seniors Housing and Care (NIC) and the nonpartisan and objective research organization, NORC at the University of Chicago (NORC). spoke with a dozen senior housing and care operators about their experiences, challenges, and successes throughout the COVID-19 public health emergency during 2020. Discussion topics included workflow changes implemented in response to various state and federal requirements, testing strategies employed, PPE access, challenges with dementia care residents, interventions to address loneliness and social isolation, and efforts to vaccinate residents and staff.
