Ideas and Discussion | NIC Fall Conference | Senior Housing | Skilled Nursing
By: NIC | August 05, 2021
The rapid growth of the older population is a bright spot for growth in senior living. But will quality keep pace with this demographic growth? “The workforce is the key to the future,” said Fee Stubblefield, founder and CEO at The Springs Living. Based in McMinnville, Oregon, the company owns and operates 18 senior living communities in the Northwest. Two new developments are underway. “Solving the workforce challenge is the number one issue impacting the quality of senior housing,” he added.
Market Trends | NIC MAP Vision | Senior Housing | Skilled Nursing
By: Beth Mace and Omar Zahraoui | July 30, 2021
The recently released NIC MAP® Data, powered by NIC MAP Vision, show that the seniors housing occupancy rate remained unchanged for the aggregated 31 NIC MAP Primary Markets in the second quarter of 2021. However, a recent analysis by NIC Analytics digs further and finds a substantial rise in the share of properties with increasing occupancy rates in 2Q2021.
CCRC | NIC MAP Vision | Senior Housing | Skilled Nursing
By: Lana Peck | July 28, 2021
The following analysis examines current conditions and year-over-year changes in inventory, occupancy, and same-store asking rent growth—by care segments within CCRCs (CCRC segments) compared to non-CCRC segments in freestanding or combined communities to focus a lens on the relative performance of care segments within CCRCs during the second quarter of 2021.
COVID-19 | Senior Housing | Skilled Nursing | Skilled Nursing Tracker
By: Omar Zahraoui | July 14, 2021
Vaccination rates among skilled nursing facilities’ workers continue to lag optimistic expectations. About 56% of all healthcare personnel have been fully vaccinated for the week ending June 27 vs. 79% of residents fully vaccinated, according to the most recent CMS data compiled by NIC’s Skilled Nursing COVID-19 Tracker. The reluctance among staff to get vaccinated is worrisome as the Delta variant becomes more dominant and COVID-19 cases rise among the general population across states with low vaccination coverage.
