A study conducted in Florida has found that most nursing homes that are sold to the private sector experience a decrease in the quality of care they offer after having been sold. Nursing homes that were once publicly traded companies saw an average decrease of .5 stars within a few years of being sold to
OIG reports on the nursing home’s failure to report traumatic incidents to CMS. With the gross amount of neglect and abuse that takes place in nursing homes, tools such as CMS’s Care Compare website are needed to determine if a long-term care facility may be trusted in providing for your loved one. The website exists
Despite the gross amount of profit nursing home operators rake in, the number of senior care facilities filing bankruptcy seems to stay consistent, if not increase, each year. 16 senior care facilities are projected to file bankruptcy this year. That’s up from 11 the previous year and 15 in 2023. This even includes health care
https://www.youtube.com/watch?v=pDipG8NBjZQ
Skilled Nursing News had an article about the golden age of occupancy and census as competent staffing continues to decline. As vulnerable adults in nursing homes across the U.S. experience hardship and abuse, two COOs of Senior Care share their view of how to increase profit in the senior-care industry. Both Andy Frasure, COO of
Recent Comments