Skilled nursing occupancy levels dropped by 41 basis points to 74.8% during the month of June as a result of the COVID-19 pandemic — a new record low, according to new data released by the National Investment...
SNF occupancy hits all-time low, managed Medicare rates also drop
By
Danielle Brown
Feb 11, 2021
Industry experts expect operators to continue experiencing revenue pressures throughout the winter months after skilled nursing occupancy hit and managed Medicare rates hit record lows.
SNF occupancy ticks up but is ‘dangerously’ low and threatens long-term survival
By
Danielle Brown
Dec 03, 2020
A slight increase in skilled nursing occupancy between the second and third quarters wasn’t enough to alleviate the financial uncertainty facing the industry as a result of the ongoing public health...
More than two-thirds of LTC executives using expensive agencies to fill staff vacancies: NIC survey
By
Danielle Brown
Nov 16, 2020
A majority of senior housing and skilled nursing operators are relying on staffing agencies or temporary workers to meet their workforce needs in recent weeks, a new survey revealed.
93% of SNFs reported no new cases of COVID-19 to end February
By
Danielle Brown
Mar 11, 2021
Coronavirus cases at skilled nursing facilities continued to drop at a dramatic rate following more widespread access to COVID vaccines, according to the latest research from the National Investment Center...
Long-term care risks extended negative image without more COVID data from operators: exec
By
James M. Berklan
Jun 16, 2020
Seniors housing and care providers across a wider spectrum must start submitting data to increase transparency about the effects of coronavirus infections, says NIC CEO Brian Jurutka.
Increased healthcare support, worker satisfaction emerge as pandemic trends that must continue: NIC panel
By
Kathleen Steele Gaivin
May 27, 2021
Some lines among skilled nursing, assisted living, memory care and independent living communities have become blurred in the COVID-19 era, noted panelists during an online webinar hosted by the National...
SNF industry in a ‘challenging state’ as occupancy falls; Medicaid revenue up
By
Danielle Brown
Jul 09, 2020
The ongoing coronavirus pandemic has the “skilled nursing industry in a challenging state right now,” one expert noted after new data revealed occupancy at SNFs dropped to 78.9% by the end of April.