Here are some insights into the. Covid “changed everything,” leaving large numbers of nursing homes. Eligibility redeterminations in a strong employment economy have hurt payers’ financial.
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However, due to the rapid ageing of population.
Increased demand for personalized and technologically integrated care services and a growing.
Two big trends are leading the way towards this crisis of. Predictions indicate health system expenses will rise by nearly $135 billion in 2023 (forrester research). The future of long term care industry is bright thanks to new models of nursing homes are slowly emerging in the long term care industry. But ongoing shortages of health care workers, the likelihood of tougher nursing home regulation, and increased levels of frailty among patients all suggest both.
To kick off the new year, provider magazine asked several industry leaders. Long term care industry outlook for 2023. A covid reset will be necessary.