“SNF occupancy continues to hit new lows, NIC report shows,” by Emily Mongan, McKnight’s LTC News
“Skilled nursing facility occupancy dropped to 81.7% — its lowest point in five years — in the second quarter of 2017, according to a report released Thursday by the National Investment Center for Seniors Housing & Care. . . . Medicaid mix, on the other hand, increased to nearly peak levels, at 65.9%, the report found.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Can Medicaid save nursing homes while paying less than the cost of care? When you’re losing money on every customer, you can’t make up for it with volume.
SNF occupancy continues to hit new lows, NIC report shows