Skilled Nursing News June 23, 2021
The nursing home industry has been through the wringer over the past 24 months, first with the implementation of a new Medicare payment model, the Patient-Driven Payment Model (PDPM), and then the COVID-19 pandemic.
Coming out of the pandemic, operators across the country need to start thinking about their future in the post-acute care continuum.
The effects of the COVID-19 pandemic — including occupancy rates dipping to 68.5% — could serve as the final straw for some operators and there is a growing expectation that this will accelerate facility sales and feed a trend toward regional consolidation and health system partnerships for the nursing home industry.
“Occupancy rates aren’t going to sit at 70% forever, the question is though, what...
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