Investment in seniors housing continues to grow, but operators need to be prepared for the expanding role of managed care and a move toward value-based reimbursement, experts cautioned Thursday at the National Investment Center for the Seniors Housing & Care Industry annual conference.
As states expand enrollment in managed care plans, operators should focus on quality improvement, according to panelists at a National Investment Center for the Seniors Housing and Care Industry session.
It’s encouraging to see capital and new construction returning to the field. And it’s a safe bet that both issues will be popular topics when the National Investment Center for the Seniors Housing & Care Industry holds its 22nd annual meeting in Chicago next month.
Several years ago I called some industry experts with a simple request. I asked if there was a place where I could find some basic benchmarks about industry spending. Didn’t think I was looking for anything that was really off the wall, just run-of-the mill budgeting-type stuff.
Economic trends should give senior living operators reason for cautious optimism, according to a leading economist. That’s because the economy’s main driver – consumer spending – appears to be rebounding.
Market and policy changes will force skilled care operators to dramatically change their business practices, an industry analyst said Monday. Successful operators will need to demonstrate quality care, risk management expertise and an ability to find complementary partners, according to Dan Mendelson, Avalere Health’s CEO.
The National Investment Center for the Seniors Housing & Care Industry is holding its tandem housing regional symposium and skilled nursing investment forum Sunday through Tuesday in Boca Raton, FL. Former Health and Human Services Secretary Gov. Tommy Thompson and Dr. Peter Morici, Professor of Business and Public Policy at the University of Maryland, lead the speaker slate. Investors and skilled nursing operators will be able to attend concurrent educational programs on hot issues of the day.
Underlying reasons for Thursday’s record crowd at the annual meeting of the National Investment Center for the Seniors Housing & Care Industry are hard to discern, the group’s president told McKnight’s. More than 1,800 providers are attending the event, said NIC President Robert G. Kramer.
A new agreement between the National Investment Center for the Seniors Housing and Care Industry and Real Capital Analytics will bring better real estate-related data to operators, according to both partners. Under the agreement, NIC will provide RCA seniors housing information. For its part, RCA will enhance this data to provide jointly produced industry trend reports and analytics. “I’m excited about the collaboration and look forward to enhancing investor knowledge and understanding of the seniors housing industry and its potential,” said Robert G. Kramer, NIC’s president.
We might have just been subjected to the biggest dose of chutzpah seen in a long, long while. It smacked of the old image of the leering used-car salesman (sorry, used car sales people) rubbing his thumb and forefinger together to imply he could save YOU money.