NIC

NIC: Senior housing sets record for absorption, nursing home occupancy flat

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The average occupancy rate for senior housing sailed past 90% in the third quarter, and the absorption rate set a single-quarter record, the National Investment Center for Seniors Housing & Care announced Friday.

The secret to success sits in dining services

The secret to success sits in dining services

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By the end of the day Tuesday, after a week full of educational sessions, it took a lot to break through the clutter in my brain. That moment happened when Kyle Henderson made a slightly throw-away comment about some providers "investing in chefs, paying them $70-, $80-, $90,000. That's where we are seeing innovation in programming, because dining gives them a chance to impress three times a day."

For long-term operators, a growing list of 'frenemies'

For long-term operators, a growing list of 'frenemies'

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Most of us are all too aware of our professional friends and enemies. But not so much when it comes to our "frenemies." Given the many changes taking place in healthcare today, the frenemy list for many long-term care operators is expanding as never before.

Assisted living continues to grow rapidly in expanded markets

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Assisted living growth continues to be concentrated in specific markets, with almost three-fourths of new construction in 10 metro markets, according to new findings released Thursday at the National Investment Center for Seniors Housing & Care Industry annual conference in Chicago.

NIC national meeting focuses on investing in seniors healthcare

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The 24th NIC national conference takes place Wednesday through Sunday in Chicago. Featured speakers include Press Ganey Chief Medical Officer Dr. Thomas Lee at the opening general session and former chairman of the board of the Federal Reserve Ben Bernanke at Thursday's luncheon.

Maybe this sector's bankers need to start taking their own advice

Maybe this sector's bankers need to start taking their own advice

First and foremost, the NIC conference is a conduit that links those with money to those who need it. The event also features informative educational sessions that delve into where the market is now, and what operators need to do in order to compete down the road.

Sector's housing stock grows at uneven pace, NIC reports

Sector's housing stock grows at uneven pace, NIC reports

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Seniors housing stock collectively rose by 0.1% in the second quarter, putting the sector on pace for a 1.5% annual increase, according to new data from the National Investment Center for the Seniors Housing & Care Industry.

Better accuracy in AL medication management

Better accuracy in AL medication management

The key to successful medication management is improving processes on multiple fronts so that staff members are more comfortable, confident, efficient and effective.

NIC coming to Chicago in October

Senior care operators are being urged not to miss attending the 2014 National Investment Center for the Seniors Housing & Care Industry Conference, which will be in Chicago from Oct. 1 to 3.

Skilled nursing edges toward 90% occupancy, absorption rate makes first gain in nearly a decade, NIC data shows

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Skilled nursing facilities' occupancy rate continued to tick up in the first three months of 2014, while absorption flipped into positive territory for the first time in almost a decade, according to the latest quarterly figures from the National Investment Center for the Seniors Housing & Care Industry.

Mace moves to NIC

Mace moves to NIC

Beth Burnham Mace has become the first Chief Economist at the National Investment Center for the Seniors Housing and Care Industry. She also will be the Director of Capital Markets Outreach.

60 seconds with ... NIC's Robert Kramer

60 seconds with ... NIC's Robert Kramer

Q: How did senior housing perform in the last quarter of 2013? A: The numbers overall were good, in terms of continued recovery and strength of market fundamentals. In particular, occupancy was up again, with very strong absorption. It's especially strong in independent living, and that's been a trend in the last year or so.

McKnight's Online Expo a month away

The McKnight's Online Expo will take place March 26 and 27, with five webcasts from long-term care leaders.

McKnight's 8th Online Expo to start March 26

McKnight's 8th Online Expo to start March 26

Long-term care providers can now access McKnight's Online Expo sessions, which occurred live March 26 and 27, in our online archive.

Shaky economy makes planning difficult in the senior housing sector, economist says

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An uncertain economy is making it difficult for investors and operators to anticipate what kind of senior housing will be most in demand as baby boomers age, according to a prominent economist.

The need to drill down into seniors housing data

The need to drill down into seniors housing data

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About a year from now, the story coming out of the National Investment Center for the Seniors Housing & Care Industry conference will be around how operators are clutching their pearls about the decline in assisted living occupancy.

Build to serve local needs, NIC leader advises long-term care operators

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Increasing demand for long-term care means that operators can realize solid returns on new construction, but they must gauge the potential for success on a market-by-market basis, according to the leader of the National Investment Center for the Seniors Housing & Care Industry.

No time to rest for long-term care operators

No time to rest for long-term care operators

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Even before the fall convention season started, providers could be pretty sure about what grand messages they were going to hear from the big guys: Work hard, produce good records, make better networking connections. But that wasn't all.

Assisted living continues to grow while SNF stays stable, NIC experts show

Assisted living continues to grow while SNF stays stable, NIC experts show

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Assisted living continues to boom in the seniors housing market, but caution is needed as more units are slated to open in mid-2014, said experts Thursday at the annual meeting of the National Investment Center for the Seniors Housing & Care Industry.

At least we still have AHCA — or is that TMI?

At least we still have AHCA — or is that TMI?

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There's an informal nickname that describes the many acronyms being used in healthcare these days: alphabet soup. We may have just experienced an Olympic record for it.

Capital ideas coming to the NIC conference

Capital ideas coming to the NIC conference

Providers seeking capital - and new funding options - will converge in Chicago this fall for the 23rd annual NIC National Conference.

Senior living benchmarks continue to improve, finance expert notes

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An improving economy, an aging nation and enhanced funding sources are fueling growth in the senior living sector, according to a leading industry analyst.

New capital options to be unveiled at NIC conference

New capital options to be unveiled at NIC conference

Providers seeking capital — and new funding options — will converge in Chicago later this year for the 23rd annual NIC National Conference.

We're all in this together

We're all in this together

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Most people around my age have relatively little experience with long-term care. Still, how many times has someone said to you something to the effect of, "Ugh, I could never do what you do. How depressing."

Managed care: Panacea, death knell or something in between?

Managed care: Panacea, death knell or something in between?

In a nutshell, troubled long-term care operators seem to be encountering this scenario with managed care companies: initial romance, followed by heightened accountability and reduced payments.

When long-term care experts speak, things can get foggy

When long-term care experts speak, things can get foggy

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I was hoping to get clear answers about the sector's future at the National Investment Center for the Seniors Housing & Care Industry's regional meeting last week in San Diego. I did, but I also must admit there were times when it was hard to give the various speakers the attention they deserved.

Long-term care providers increasingly turn to Uncle Sam for a mortgage

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With credit from private lenders tight, nursing homes are increasingly turning to the federal government for mortgage loans, according to a Thursday article in the Wall Street Journal.

Executive summary: Change isn't coming ... It's here

Executive summary: Change isn't coming ... It's here

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I recently had the good fortune of interviewing three of the industry's top association executives. If their collective advice could be distilled to a bumper sticker-sized message, here's how it would read: Change is here, deal with it.

Second edition of the NIC Investment Guide now available

Second edition of the NIC Investment Guide now available

The National Investment Center for the Seniors Housing & Care Industry has officially released the second edition of the "NIC Investment Guide."

Former top Medicare official scalds long-term care leaders

Former top Medicare official scalds long-term care leaders

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Tom Scully wondered privately before his keynote address at a seniors housing and care conference last week why he was being asked to speak. Afterwards, long-term care executives in the audience were probably wondering the same thing.

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