Skilled nursing faces special conditions, dangers in heightened bankruptcy climate

JUNE 13, 2023

Ronald Winters speaks to McKnights Long Term Care News about the rise in Chapter 11 healthcare bankruptcies and the stress factors for skilled nursing and long term care providers.

Bankruptcy filings jumped in early 2023, compared to a year earlier, and nursing homes continued to account for a large portion of them, market watchers have found.

Experts warn that a quartet of conditions, plus a structural Medicaid pay lag, will continue to test providers’ ‘viability.’ Some basic steps can help, they add.