Today, NIC released monthly data from the NIC Skilled Nursing Data Initiative which incorporates key takeaways of market trends through April 2020. Going forward, NIC will continue to release updated data and insights on a monthly basis in response to rapid market changes caused by the COVID-19 pandemic and its impact on the skilled nursing industry. The following summarizes the monthly release with data from January 2012 through April 2020:
Understanding the factors that have contributed to high penetration rates of COVID-19 in select nursing homes is essential to the development of strategies and policies that will help prevent and mitigate future disease outbreaks.
The Department of Health and Human Services (HHS) has announced an additional $15 billion distribution, targeted at providers serving Medicaid and CHIP recipients. Included among these recipients are eligible assisted living facilities that serve Medicaid residents.