‘Nothing less than a crisis’ as 45 percent of SNFs cite serious financial issues in AHCA survey

‘Nothing less than a crisis’ as 45 percent of SNFs cite serious financial issues in AHCA survey 
McKnights Senior Living, by Kathleen Steele Gaivin; 3/6/24 
Forty-five percent of skilled nursing facility participants in a new survey said they are “either operating in the red or barely breaking even.” The American Health Care Association survey of 441 nursing home providers, the results of which were released Tuesday, found that 42% of SNFs are operating on a total margin of 0% to 3%, and only 13% are operating with a total margin that is greater than 3%. AHCA’s State of the Sector Report also found that staffing challenges remain.