Home Health Care News March 7, 2021
Acute and post-acute patient volumes started to normalize in the early part of 2021, with hospitals, skilled nursing facilities (SNFs) and home health providers all hovering around their 2019 baselines.
The accelerated rollout of COVID-19 vaccines is largely responsible for the newfound stability, particularly in the SNF space. Following millions of inoculations across the U.S., the weekly rate of new infections at nursing homes fell by 89% from early December through the second week of February, federal statistics show.
Sabra Health Care REIT (Nasdaq: SBRA) has seen the value of mass vaccinations firsthand within its skilled nursing portfolio, according to Chief Investment Officer Talya Nevo-Hacohen. After watching occupancy rates decline by 1,200 basis points from the start of the pandemic...
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