Increase in SNF Occupancy

Skilled nursing facilities have seen an increase in occupancy this year, leading many to wonder if this means stabilization post-COVID. Several states have shown an occupancy increase of more than 5%.

For more on this, with a look into which states are showing the biggest increase, please see the article below.

Opportunity For SNFs Within Post-Acute Care Continuum

While SNFs might fear home care as direct competition, some think it should be viewed as a partner in the spectrum of care. With hospitals, skilled facilities and home care all performing in silos, current development in home-based care is highlighting opportunities to improve transitions from one space to the next.

For more on this, see the article below.

Recovery of Accelerated and Advance Medicare Payments

The Centers for Medicare and Medicaid Services (CMS) has passed Medicare-certified providers more than $100 billion under the Accelerated and Advance Payments (AAP) program. Under the terms of this program, CMS plans to keep 25% of a given facility’s Medicare payments for the first 11 months of the recoupment period, starting one year from the date of the first receipt.

To learn more about this please see the article below.

Pandemic Encourages SNFs To Move To Private Rooms

There are many things payers are looking for when requesting a contract, private rooms being of them.

This article shows how the pandemic has encouraged skilled nursing facilities to move to private rooms and why it’s imperative to take advantage of the financial support the government is offering to renovate and remain competitive.

Occupancy Struggles For SNFs

A recent report showed that the national median occupancy for skilled nursing facilities is around 69% at the start of this year.

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