Friday, February 5, 2021

$50M Nursing Home Bed Buy-Back Program to Incentivize Voluntary Capacity Declines Amid Shift to Home

 

$50M Nursing Home Bed Buy-Back Program to Incentivize Voluntary Capacity Declines Amid Shift to Home

Faced with a surplus of nursing home beds — and growing demand for private rooms and in-home care in the wake of the COVID-19 pandemic — nursing home operators in one state may soon be able to voluntarily downsize their facilities in exchange for cash. 

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