Mandated minimum staffing would cost nursing homes $10 billion annually
By
Danielle Brown
Jul 20, 2022
Providers would have to spend an additional $10 billion more per year and hire more than 187,000 new workers to meet requirements of one possible federal minimum staffing approach, according to a new analysis.
Inflation jumps 8.5% in a year for nursing goods and services, tripling the number of residents at risk...
By
Danielle Brown
May 26, 2022
Rising inflation and increased labor costs are multiplying the risk of closure for skilled nursing facilities across the country, according to a new analysis released Wednesday by CliftonLarsenAllen and...
‘Much worse than expected’: Nursing home margins projected to hit negative 4.8%
By
Danielle Brown
Mar 03, 2022
More than 400,000 nursing home residents now in financially at-risk facilities could be facing displacement, according to a new industry report that has found “significant risks associated with the sector.”...
SNF operating margins in the red without emergency aid
By
Danielle Brown
Jan 19, 2022
The median operating margin for skilled nursing facilities in 2020 was 1.5% lower when compared to the previous year and COVID-19 relief funding was removed, according to a new report released by CliftonLarsonAllen...
Nearly half of life plan community operators to reduce SNF footprint
By
Danielle Brown
Jan 05, 2022
Close to 45% of life plan communities are planning to reduce or eliminate their skilled nursing units in the future, despite 75% of providers saying that having a SNF unit is very important for their organizations,...
SNFs have advantage with new provider relief funds, one key is filing early
By
Danielle Brown
Sep 13, 2021
Skilled nursing facilities should have the advantage against other healthcare providers in getting much needed additional COVID-19 relief funds being made available by the Department of Health and Human...
SNF payments could drop by $12 per patient day under potential PDPM recalibration
By
Danielle Brown
Apr 13, 2021
Skilled nursing operators are being encouraged to start analyzing their operations in order to prepare for a possible reduction in reimbursement levels if a recalibration to the Patient Driven Payment...
Skilled nursing’s ‘pain points’ persist, including 69% median occupancy
By
Danielle Brown
Jan 26, 2021
Occupancy continues to be a “pain point” for skilled nursing operators during the new year, according to the latest insights from CliftonLarsonAllen.
Skilled nursing operators must exploit PDPM better during pandemic: CLA analysis
By
Danielle Brown
Oct 16, 2020
Skilled nursing operators would be remiss to forget about the opportunities the Patient Driven Payment Model presents during the ongoing public health emergency, according to a new industry report. Most...
Operators worried it might be 18 months before skilled nursing occupancy recovers
By
Danielle Brown
Jul 13, 2020
Skilled nursing operators seeing steep drops in occupancy since the start of the pandemic aren’t expecting those numbers to rebound any time soon, according to one expert.