Skilled Nursing News March 4, 2019
Skilled nursing providers actually saw across-the-board gains in Medicare margins between 2016 and 2017, but the effects were mitigated by a familiar foe: Medicare Advantage plans.
The average provider saw a profit of $102 per patient day for residents covered under Medicare Part A in 2017, according to a new analysis from accounting and advisory firm Plante Moran, for a net margin of 20%. That figure represents a gain of $8 per patient day from 2016, or a boost of 9%.
When extrapolated over the entire cost of care, the average Part A profit clocked in at $3,900, the difference between revenue of $19,500 and costs of $15,600.
Those numbers might sound promising in an era defined by tight budgets,...
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