Skilled Nursing News October 7, 2020
While the skilled nursing landscape continues to struggle both operationally and financially during the COVID-19 pandemic, those same negative forces have only served to strengthen private health plans — putting Medicare Advantage in an even better position to continue its growth.
Cratering census and sharp declines in elective surgeries, while fiscally devastating for nursing homes, have only benefitted the insurance market, Avalere Health founder and Welsh Carson operating partner Dan Mendelson observed.
“When volumes go down, the health plans benefit financially,” Mendelson said during a Wednesday panel discussion at the National Investment Center for Seniors Housing & Care (NIC) virtual conference. “So in the health plan space, [there’s] a lot of stability, a lot of investment. Health plans today are...