Skilled nursing operators are trying to adjust to how the Covid-19 pandemic changed the care continuum, with patients now embarking on different pathways after hospital stays. Not only are more patients going directly to home health, but long-term acute care hospitals (LTACHs) and inpatient rehabilitation facilities (IRFs) also have started to play more prominent roles […]
Encompass Health
During Covid-19, skilled nursing facilities have seen their admissions squeezed as more patients have gone straight from hospitals to their own homes for recovery. But more complex cases are also being diverted away from SNFs, toward inpatient rehabilitation facilities (IRFs) and long-term acute-care hospitals (LTACs). It’s a trend highlighted in an analysis from consulting firm […]
The diversion of post-acute patients from skilled nursing facilities to the home was an established trend prior to the start of the coronavirus pandemic, which only accelerated the siphoning — and a top home health player had the numbers to prove it. Encompass Health Corporation (NYSE: EHC) finished 2020 with 2.2% growth in new episode […]
Occupancy at the nation’s nursing homes cratered during the COVID-19 pandemic, as hospitals suspended non-emergency surgeries and families looked to avoid institutional care settings for their loved ones at all costs. During the initial coronavirus wave last spring, leaders in the sector hoped that the second half of 2020 would bring a return to normalcy […]
Amedisys Inc. (Nasdaq: AMED) has already logged an uptick in diversions from skilled nursing facilities as the COVID-19 pandemic rages on, and leaders at the home health giant see even more opportunity ahead with a more expansive SNF-at-home model. “We have not seen a material recovery in elective procedures, yet we have seen a significant […]
Widespread outbreaks of COVID-19 at skilled nursing facilities have increased calls to accelerate the shift to in-home care whenever possible, but one major home health provider took things a step further by floating the potential for replacing SNF care with stays at inpatient rehabilitation facilities (IRFs). Speaking on the company’s second-quarter earnings call this week, […]
Operators of post-acute care facilities have seen the steady diversion of patients to the home setting in recent years, and multiple home health heavyweights believe the COVID-19 pandemic will only accelerate that trend into the 2020s. The flow of hospital patients bypassing the institutional skilled nursing facility “is picking up more steam right now,” LHC […]
Both the skilled nursing and home health spaces are in the midst of shifts to new Medicare payment models, and despite widespread reports of therapy layoffs at nursing homes, a leading player in the home care space says it isn’t necessarily targeting the cohort of available therapists. Encompass Health Corporation (NYSE: EHC) has been monitoring […]
Despite multiple quarters of record earnings and a stock price that dwarfs that of other publicly traded skilled nursing companies, executives at The Ensign Group (Nasdaq: ENSG) said that investor skittishness over SNF assets played a major role in their decision to spin off its home health and senior housing business lines into a new […]
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