HomeLatest NewsLong Term Care NewsNew skilled nursing facility cost comparison report available

New skilled nursing facility cost comparison report available

CliftonLarsonAllen, a LeadingAge partner, analyzed data from 2017 and found that nursing homes with the best financial performance averaged operating margins of 5 percent, compared to the least successful financial performers who had margins averaging -6 percent.  Earnings before interest, depreciation, and amortization and operating margins are lower than previous reports for all quartiles.

The 33rd edition of this report gives perspectives on the challenges facing skilled nursing providers and outlines trends such as lower occupancy, unbalanced payor mix and higher cost structure.

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