NIC MAP Vision | Skilled Nursing
By: Bill Kauffman | April 02, 2020
NIC released its fourth quarter 2019 Skilled Nursing Data Report, which includes key monthly data points from January 2012 through December 2019. Here are some key takeaways from the report:
Regulatory Environment | Skilled Nursing
By: Bill Kauffman | March 27, 2020
The Centers for Medicare and Medicaid Services (CMS) have taken numerous actions in response to the coronavirus pandemic. Importantly, some are actions to assist with continued access to care and many to ensure the safety of residents and staff. Initial responses included restricting visitors to skilled nursing facilities and changing the rules for covered facility stays. Patients who remain in the hospital fewer than three days may now receive Medicare-reimbursed skilled nursing care. The following are the summaries and links to CMS for further details.
Business Environment | Ideas and Discussion | Market Trends | Senior Housing | Skilled Nursing | Workforce
By: NIC | March 13, 2020
More than 1500 industry leaders gathered in San Diego last week for the 2020 NIC Spring Conference. Under calm blue skies, attendees engaged in three days of active networking, deal making, thought-leadership, and discussion of critical trends. A focus on disruption and new partnerships in senior care augmented the annual event’s established focus on real estate debt, equity capital flow, valuations, market trends, and investments.
Business Environment | Senior Housing | Skilled Nursing
By: Bill Kauffman | February 26, 2020
Average seniors housing price per unit reaches over $200,000 for first time. There was no shortage of activity in the U.S. seniors housing and care transactions market in 2019. The story of abundant liquidity continued throughout the year with the number of closed transactions reaching a time-series high going back to 2008. Indeed, there was no sign of reduced interest from investors and the transaction market continued to show significant activity once again which, barring any economic or capital market shocks, is most likely to continue into 2020.
