CLA’s State-by-State Cost Report Shares Key Metrics Behind Regional Operational and Financial Variation
Skilled Nursing News November 13, 2024
The state-by-state comparisons of financial and operational metrics provided by CliftonLarsonAllen offer a glimpse into the wide regional variation in post-pandemic economic factors that are influencing the business performance of nursing homes across the U.S.
Released Tuesday, the new additions to CLA’s 39th Cost Comparison report titled, “The Great Divergence,” which was issued last month and provided a general overview of skilled nursing sector trends for 2024, focus on data specific to each state.
Authored by analysts Stephen Taylor, Matthew Wocken, Seth Wilson, and Paige Potaracke, CLA’s annual report pointed to occupancy rates varying significantly across different states and markets, as well as among facilities with different margin levels. Moreover, disparity was also market driven, they said, as states...