Skilled Nursing News December 1, 2022
While many owners in the skilled nursing space saw a reduction in beds this year, the biggest losers were overwhelmingly government entities and not-for-profit organizations, while for-profit entities have lost far fewer beds.
In terms of bed reduction by location, rural markets largely took the hit, according to Lisa McCracken, director of senior living research and development at Ziegler.
“Your composition can vary a little bit, but the drivers generally are pretty universal,” she told Skilled Nursing News, referring to staffing issues, inflationary pressures and other economic headwinds leading to bed reductions.
Such challenges are particularly acute in certain markets, such as rural areas. This is one factor behind the reduction in SNF beds for the Evangelical Lutheran Good Samaritan...
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