Why do nursing homes need access to capital?

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Nursing facilities invest capital for purposes including maintaining and updating current facilities, building or acquiring new facilities, reducing debt and debt payments and repurchasing stock. If facilities do not generate sufficient cash flow, capital may also be used to sustain operations.

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In Focus

June 20

107 years young

Chambersburg, PA 

Irene Rebok, a resident of Magnolias of Chambersburg, will celebrate her 107th birthday with a visit from a state representative and a "card shower."