February 14, 2024 – Marcum LLP's annual report has revealed key tendencies and challenges throughout the nursing house trade. Within the Three-Yr Nursing Residence Statistical Evaluate 2024, Marcum supplies an summary of trade tendencies from 2020 by way of 2022. The research confirmed improved affected person restoration after the pandemic, with a 5.33 % improve within the occupancy fee since 2022.

Nonetheless, staffing prices have continued to rise, creating challenges for the trade together with strains from the Facilities for Medicare and Medicaid (CMS) proposal that may require nursing houses to fulfill minimal staffing requirements. In response to Marcum's report, CMS' proposed staffing mandate discovered that 75.46% of nursing houses should not assembly really helpful requirements, probably leading to vital prices.

In response to the Marcum report, reported internet prices per affected person day for nursing houses elevated by 16.78% in 2022. The report highlighted that financial pressures are undoubtedly a difficulty throughout the nursing house care sector.

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