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How a Skilled Nursing Shakeup is Creating Opportunities for Senior Living Providers

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The skilled nursing sector is undergoing a shakeup, and senior living providers should be prepared to seize opportunities amid the fallout.

Nursing homes are embattled on every front. The federal government is pushing for sweeping reforms that include steeper financial penalties and staffing minimums — even as providers are facing severe worker shortages. And skilled nursing operators also are facing a possible $320 million cut to Medicare payments in 2023, while they are still struggling to regain census and recover financially from the last two years of Covid-19.

In addition, nursing homes are facing the expiration of Covid-era waivers that granted them operational flexibility and are still reeling from a huge cut to Medicare therapy reimbursements.

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The post How a Skilled Nursing Shakeup is Creating Opportunities for Senior Living Providers appeared first on Senior Housing News.

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