McKnight's July 21, 2022
Danielle Brown

Medicare margins for all freestanding skilled nursing facilities across the United States varied widely in 2020, according to new data from the Medicare Payment Advisory Commission. While 25% reported margins of 28.7% or higher, another quarter were stuck with margins 4% or lower. 

But the most concerning finding was that nonprofit SNFs had a Medicare margin of 0.6% and would have likely been in the negative had federal COVID-19 supplemental funding not been available, several experts told McKnight’s Wednesday.

“These not-for-profit providers are a vital part of the market and often fill needs that are not otherwise met. The lack of margins for not-for-profit SNFs should be concerning to everyone,” said Melissa Brown, chief operating officer of Gravity Healthcare Consulting....

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Topics: Insurance, Medicare, Post-Acute Care, Provider, Survey / Study, Trends
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