Skilled Nursing News September 4, 2024
As federal agencies push for ownership transparency, nursing home ownership changes have been linked to a decrease in staffing hours and in turn a drop in Five-Star rating scores, at least for a short period of time following acquisition.
Most acquired facilities showed indications of financial struggles, including lower star ratings and occupancy, plus a higher percentage of stays covered by Medicaid, according to a study conducted by the University of Pennsylvania Leonard Davis Institute of Health Economics (Penn LDI).
In contrast, quality measure scores were higher after a change in ownership, co-author and assistant professor of medicine Dr. Kira Ryskina told Skilled Nursing News. Researchers used newly released data from the Centers for Medicare & Medicaid Services (CMS) on...
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