Many post-acute providers anticipate being acquired by more tech-savvy competitors, survey shows

Share this article:

Nearly half of post-acute providers anticipate they will be acquired by an organization with better technological capabilities in 2015, according to survey results released today.

Single or stand-alone skilled nursing facilities could be particularly vulnerable as the sector increasingly relies on advanced technologies, the survey found. About 90% of these facilities have no money budgeted for technology projects this year. This is compared to 84% of large post-acute providers that do have money allocated in this area.

These figures come from market research company Black Book. The firm describes the survey as independent, without involvement from vendors. Out of 464 total respondents, more than half were high-ranking executives or administrators, according to Black Book.

While small providers indicated they are not earmarking money for technology, the poll reflected a general agreement on the importance of technological innovation. More than 90% of respondents said that information technology could help improve financial performance as fee-for-service reimbursements shrink.

There also was widespread agreement that the spread of Medicaid managed care and Medicare Advantage will “force a significant shift in … payer mix by 2015,” according to the results. A full 96% of respondents cited “declining reimbursements” as their most pressing issue this year.

Share this article:

More in News

Genesis, Skilled Healthcare merger to create huge long-term care provider with more than 500 facilities

Genesis, Skilled Healthcare merger to create huge long-term ...

Genesis HealthCare and Skilled Healthcare Group Inc. will merge to create a single long-term and post-acute care company with more than 500 facilities nationwide, the providers announced Tuesday.

Antipsychotic use tied to acute kidney injury, increasing pressure on nursing home ...

Older people who take antipsychotic medications are at a markedly increased risk of acute kidney injury, according to newly published research findings out of Canada. The study further supports ongoing efforts to reduce the number of nursing home residents on these drugs.

Family alleges long-term care facility banned them due to social media posts, ...

Family members of a Texas long-term care resident have sued the facility where she lives, claiming they were banned from visiting due to their social media posts, according to a publication covering legal proceedings in the state.