McKnight's June 23, 2021
As we see the steady — and hopefully permanent — decline of COVID-19 in the U.S., the challenge for the long-term care industry is a comeback. What we can expect is that the comeback will not look quite like the post-PDPM transition from the pre-COVID-19 days.
There are many influencers that will determine LTC’s resurgence, but one fact remains: Any business that provides housing depends on occupancy. The public, as well as referring partners, have lost confidence in skilled nursing homes after the tragic death of thousands of residents during the pandemic, and census numbers are only slowly recovering.
Federal bail-out bills favor funding for home care and aging-in-place. During recent years of low interest rates, some LTC companies have...