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Fully 70% of skilled nursing chief financial officers said they were optimistic about their organizations’ ability to compete in their respective local markets — but that represents a slide from 78% the year before.
More than a quarter (26%) said they were unsure about their facilities’ competitiveness, double the percentage of a year earlier, while 4% said they were outright not optimistic. All figures come from an August survey of 183 finance professionals by investment banker Ziegler.
About 55% said they’re seeing more treatment plans skip skilled care altogether, while 49% said they’re experiencing a narrowing of networks from area hospitals and physician groups.
From the October 2019 Issue of McKnight's Long-Term Care News