NIC INSIGHTER: Tech Investment Returns

“Mather has seen the greatest ROI from the integration of an enterprise dashboard with a voice activated Smart Home/Resident Experience/Wellness platform, that enables communities to better respond to residents’ needs and desires based on trends and learned behaviors. This type of offering is also a minimum expectation of boomers/GenXers who desire a technology-enabled community experience.”

Mary Leary, President & CEO, Mather 

“Implementing an employee communication tool, called Red E App, that functions like text messaging.  With over 15,000 employees, trying to communicate global messages is difficult. During COVID, this app was a valuable resource for us to keep our employees updated on the day-to-day policy changes that were needed.”

Leigh Ann Barney, President/CEO, Trilogy Health Services 

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CCRC Performance: Entrance Fee Occupancy Surpasses 90% in 4Q 2023

The following analysis examines occupancy and year-over-year changes in inventory, and same-store asking rent growth—by care segment—within entrance fee CCRCs and rental CCRCs in the 99 combined NIC MAP Primary and Secondary Markets. The analysis also explores the recovery of regional occupancy rates by majority contract type (entrance fee CCRCs…

Initial Rate Growth and Discount Strategies in Senior Housing
Blog
Initial Rate Growth and Discount Strategies in Senior Housing

The following analysis examines initial rate growth and discounts offered compared to asking rates across all senior housing care segments. Additionally, the analysis explores initial rate growth patterns within select NIC MAP® metropolitan markets reported by NIC MAP Vision.  Key Takeaways:   Initial rate growth remained robust and near record highs…

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