Nursing Home Closures Accelerating

A study by Leading Age recently showed that over 500 nursing homes in the US have closed in the past four years. These closures caused by several factors including, but not limited to, rising costs, pressures from payers and increased competition.

This article highlights changes the industry is facing, as well as how managed care plans are bringing in notably less revenue per day than traditional fee-for-service Medicare.

Please see the full article below.