Guest Column: Nursing home distress — what does the doctor order?

Nursing homes and assisted living facilities were challenged before the COVID-19 pandemic. Planning for distress is key to a successful turnaround for facilities and the industry.

The nursing home and assisted-living business community is challenging in any economy, and the COVID pandemic has only exacerbated the fiscal issues surrounding the operation of these businesses. Recently, the American Health Care Association/National Center for Assisted Living projected 400 nursing home and assisted-living facilities will close in 2022. Knowing that this industry is in…

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