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Few things are causing more provider angst than the federal government’s newly hatched plan to implement minimum staffing requirements for nursing homes.
Transitioning to healthcare holds the promise of portfolio expansion and new revenues for senior living, but new challenges will arise, too.
Senior living operators might be excused for feeling as if there is a big ol’ target on their backs these days.
Accepting Medicaid and being considered a healthcare provider? Senior living will never be the same, and that’s not necessarily a good thing.
Long-term care could be made better with funding from Congress. But for now, it appears we’ll have to settle for a congressional commission.
Always remember this about risk management: the first word.
These days, senior living operators in just about every state are tapping into Medicaid payments. And more than a few players are not content to stop there.