Skilled Nursing News November 18, 2024
Of the many significant factors affecting the skilled nursing industry in the last five years, Medicare Advantage was named as a major disruptor, as cost reports show a shift in operating margins with more facilities struggling financially.
Stephen Taylor, principal of senior living and care segment leader for CliftonLarsonAllen (CLA), said MA has had “one of the most profound” impacts on the sector, especially as it grew during Covid. Medicare Advantage’s growth has significantly reshaped SNF payer dynamics, he said.
Taylor earlier this month spoke about major factors shaping the sector along with colleague Seth Wilson, CLA principal of data analytics, during a webinar companion to its 39th annual cost report. Other influences named by CLA experts were quality and...
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