NIC Chats

In this episode of NIC Chats, host Lisa McCracken welcomes Jim Lydiard, Chief Strategic Advisor for Pine Park Health, to discuss value-based care in senior living. Jim shares his journey from a personal connection with senior care to becoming a leader in healthcare innovation. The conversation delves into the complexities of value-based care, comparing ACO and Medicare Advantage models, and exploring the evolution of healthcare partnerships in senior living communities.

The episode offers valuable insights for senior living operators considering healthcare partnerships, including tips for assessing potential partners and the importance of organizational culture in successful implementations. Jim shares humbling experiences from his career, highlighting the challenges and lessons learned in implementing value-based care models. The discussion concludes with a look at emerging healthcare trends, including the concept of "health hospitality" and the growing focus on rural care and Medicaid innovation.

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How can senior housing operators position themselves for success in the evolving healthcare landscape? Hear insights on this and more from Dianne Munevar, Vice President of Healthcare Strategy at NORC at the University of Chicago. In conversation with Lisa McCracken, Dianne shares her professional journey and her passion for developing public policies that improve the lives of vulnerable populations, particularly older adults. 

The discussion centers on the groundbreaking research conducted by NIC and NORC, including the Forgotten Middle study and the "value of senior housing" research. Dianne highlights key findings from these studies, such as the impact of senior housing on residents' health outcomes and access to care. The podcast also explores the challenges facing the aging population and healthcare system, and the potential role of senior housing in addressing these issues.  

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In this episode of NIC Chats, recorded live at the NIC Fall Conference in Washington DC, host Lisa McCracken interviews ProCare HR’s Brett Landrum, founder and co-CEO, and Paul Jarvis, head of sales and marketing. The conversation explores ProCare's evolution from a foundational HR services provider to a data-driven solutions company for HR in the senior care industry. Landrum and Jarvis discuss the transformative role of data analytics in workforce management, highlighting the importance of actionable data in improving operational efficiency and financial performance

The podcast delves into the complexities of scheduling in senior care facilities and how ProCare's integrated approach combines technology, data analytics, and expert coaching to optimize workforce management and reduce labor costs. Hear how ProCare helped a large skilled nursing facility significantly reduce labor costs and improve efficiency, plus advice for organizations just starting their data analytics journey. 

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Has the labor market reached a tipping point? And, why is healthcare one of the few sectors with employment numbers still below pre-pandemic peaks? Listen in as Paul Ashworth, Chief North America Economist for Capital Economics joins Lisa McCracken on the NIC Chats podcast to answer these questions and more. As they discuss current economic trends, learn why Ashworth thinks the U.S. economy is in a Goldilocks period, but what challenges might be looming as we head into 2025. You’ll also hear Ashworth’s prediction of the size of potential rate cuts in September and beyond.

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Fresh off the release of his new book, A Culture of Promise, Fee Stubblefield, Founder and CEO of The Springs Living, joins Lisa McCracken on a new episode of the NIC Chats podcast. Listen in as Fee shares his motivation for writing the book and what he’s learned about the importance of culture in an organization.

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Live from the 2024 NIC Spring Conference, listen in as Lisa McCracken, Head of Research & Analytics at NIC, sits down with Brett Landrum, Procare HR Founder and Co-CEO. Landrum expands on the capabilities that allow Procare HR to help operators deliver better quality of care, resident satisfaction, and financial results. Joining the discussion was Susie Koenig, Founder & CEO of healthcare management and consulting services firm SAK Healthcare. In today’s environment, with some senior housing and care companies facing distress situations, Koenig shares how SAK Healthcare has found success partnering with Procare HR as they work to shore up communities in distress.  

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Listen in as Beth Mace, Senior Advisor at NIC, sits down with Zach Bowyer, Senior Managing Director and head of living sectors at Cushman and Wakefield to discuss today’s capital markets, including the intersection of property market fundamentals and capital market pressure as well as how current conditions are affecting valuations and investment strategies. 

From discussing distressed properties and buyer profiles to exploring the inflection point at which the industry finds itself, this podcast is filled with insights on the unique challenges and opportunities within the senior housing sector. 

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Are you ready to unravel secrets to success with the senior living workforce? In this episode of the NIC Chats podcast, broadcast live from the 2023 NIC Fall Conference in Chicago, NIC’s Head of Research & Analytics, Lisa McCracken, discusses solutions to senior living workforce challenges with Brett Landrum, Co-CEO of Procare HR. 

Listen in as they uncover the crucial elements of successful human resources strategies in senior care. Learn why Landrum believes it’s all about the basics, and discover insights on: 

• Gathering key metrics that unveil your employee satisfaction. 
• The future of on-demand staff vs. core staff in the senior care industry. 
• The age-old debate: company wages vs. company culture – what really drives employee satisfaction and retention? 

Tune in and gain the knowledge you need to help your workforce thrive in senior care. 

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Delve into the senior housing transaction market with Beth Mace, Senior Advisor at NIC, in this captivating conversation with Al Della Porta, Managing Director and head of the Capital Markets Group at AEW Capital Management. Learn about the challenges and opportunities arising from the swiftly changing interest rate environment, and gain insights into how seasoned professionals like Della Porta are adapting to market shifts. Explore how senior housing fares in today’s shifting landscape.

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In this first episode of our new NIC Chats podcast series focused on today's capital market conditions and implications for senior housing and care, NIC senior advisor Beth Mace speaks with Jim Costello, chief economist on the MSCI Real Estate Assets team. Learn why Costello likens today’s capital markets to a stretchy rubber band, why he believes distressed assets may prompt a transactions turning point, and when he thinks the market will settle down. Hear Costello’s perspective on how, and why, today’s capital markets turmoil affects senior housing differently than some other commercial sectors. 

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