Our Products can help your organization stay educated and compliant. Shop Now >


Skilled Nursing Occupancy Inches Up From 2018, Managed Medicare Revenue Drops

Posted on Monday, September 23, 2019 11:28 AM

In the second quarter of 2019, occupancy at skilled nursing facilities inched up even though Medicare revenues dropped.  Nationwide, nursing homes were on average 83.3% occupied during the second quarter, up half a percent from the same period last year according to the National Investment Center for Senior Housing and Care (NIC).

“Occupancy has been relatively stable during the last 12 months, varying by only one percentage point and staying above its low,” Bill Kauffman, senior principal at NIC, said in a statement. “The slight decrease from the first quarter likely does not foreshadow a broader trend, because seasonal flu-related admissions that typically spike in late fall through winter trail off later in the year.”

According to NIC, payments from managed Medicare dropped 2.3% in urban areas yet held steady in rural areas. 

Click here for the full article.

About Corridor

Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!

For additional information, please contact Corridor at 1-866-263-3795.

Go Back