Amid Dropping Utilization, Lowest-Performing Nursing Home Margins Fell to -10.2% in Mass.

Massachusetts has been at the forefront of nursing home stress over the last few years, and a new government report illustrated a host of negative statistics — from cratering utilization to median margins as low as -10% for the worst-performing properties. In terms of total resident days, nursing facility utilization in Massachusetts dropped 5.4% between […]

Why the Median Skilled Nursing Margin Fell Below 0% — and How Operators Can Come Up from Underwater

Earlier this fall, a decades-old annual survey of nursing home finances revealed that for the first time, the median operating margin for the nation’s skilled nursing facilities fell below zero. While the statistics from consulting firm CLA weren’t necessarily surprising, given the micro- and macro-level challenges facing nursing home operators over the last decade, that […]

Rethink Podcast #18: Cory Rutledge of CLA

The 18th episode of our podcast, Rethink, is now available! For the first time in 34 years, an annual report on nursing home finances found that the median operating margin for providers fell below zero. For CLA managing principal Cory Rutledge, a co-author of the report, the result wasn’t exactly surprising, given the headwinds battering […]

Number of I-SNP Plans Goes Up Almost 30% Year-Over-Year

The number of skilled nursing providers interested in becoming insurers has grown for the past several months. Now hard numbers show just how great that interest is. Special needs plans are a category within Medicare Advantage (MA) that provide a common framework for the plans that serve special-needs beneficiaries, while also expanding beneficiary choice and […]