Repositioning Nursing Homes For Acuity, More Closures, Less Deal Making Expected in 2024
12/14/23 at 03:45 AM
Repositioning Nursing Homes For Acuity, More Closures, Less Deal Making Expected in 2024
Skilled Nursing News
December 12, 2023
As the skilled nursing industry heads toward a new year with continued labor shortages and reimbursement gaps, service repositioning and closures among operators are expected trends for the space. And although there are signs of positivity in the form of increased Medicaid reimbursement in some states, extensive rural closures are creating “nursing home deserts” and up to 450,000 nursing home residents are still at risk of displacement without a sufficient workforce.