A new report is out and it is a veritable time capsule of trends driving long-term care. Now in its 30th year, CliftonLarsonAllen's Skilled Nursing Facility Cost Comparison Report came about when the company's long-term clients began asking how they measured up to others.
The reasons to pursue more robust data-crunching activities keep growing. Especially for long-term care providers, who could have a leg up on other providers and payers.
A provider client once said to me, "I don't understand all this 'statistical gobbledygook.' Tell me why I should care and how I can actually use this." It was a valid request.
It has been said the rear view mirror offers little help when trying to navigate the road ahead. But it's tough to know where to go if you don't know where you've been — or even where you are.