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Revenue-boosting strategies for a struggling SNF industry

Plante Moran healthcare experts provide revenue strategies for the SNF industry that can impact the current and long-term care landscape for the better.
Healthcare professional kneeling down taking care of elderly patient in a chair.Post-acute care, which nationally has trended less than 25% of patient days of care but been the lifeblood of financial viability, has been hit hard — first, by a sharp decline in elective surgeries and overall declines in utilization across many types of care, and second, a strong preference for home-based rehabilitation.

Will this shift to home last? The answer largely depends on whether lawmakers strengthen the home health benefit, which has shrunk over the course of the last decade.  But the pandemic could represent an inflection point, given the imperative to reduce infection rates.

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