Skilled Nursing News January 23, 2022
As the nursing home industry continues to be pressured by a broad push for home-based care, labor challenges and a continued decline in reimbursements, concern over the long-term impact of industry recovery has bled into financial opinions on non-clinical service providers.
One such report issued by financial services company Jefferies Financial Group Inc. suggests these issues will continue to affect the SNF industry bottom line, even as near-term headwinds related to the omicron surge begin to dissipate.
A Jan. 21 note published by Jefferies to shareholders concerning Healthcare Services Group Inc. (Nasdaq: HCSG), a dietary, housekeeping and laundry services provider to nursing homes makes such broader statements about the skilled nursing industry as they relate to HCSG. Jefferies analyst Brian...
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