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The path forward for struggling nursing homes

November 14, 2018 Article 3 minute read
Authors:
Patrick McCormick
The demand for nursing homes has plummeted as costs have skyrocketed. What's a struggling nursing home operator to do? Consider a rehab to an assisted-living facility. Read more in McKnight's Long-Term Care News.

Image of a female nurse leaning over a smiling elderly woman.

A convergence of market pressures is bearing down on the nursing home industry. Changing demographics, old infrastructure, new competition, rising labor costs and a plethora of never-ending reimbursement pressures have all battered what was once seen as a business with infinite demand.

In the midst of those troubles, however, lies a solution—one built on turning something old into something new.

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