NIC released its Skilled Nursing Data Report on June 21, 2016. This is the second release of the report and includes key monthly data points from October 2011 through March 2016. In this week’s blog post, we’ll take a closer look at the release and provide a detailed analysis.
By Liz Liberman, Health Care Analyst, NIC The population of younger nursing home residents is on the rise, according to the National Center for Health Statistics. This population includes young adults with disabilities and adults between the ages of 65 and 74. In fact, the latter population has grown from 13% of all nursing home residents in 2000 to 14.9% in 2013, the McPherson Sentinel reports. This rise is mostly due to the increase in short-term stay residents. The American Health Care Association estimates that 22% of nursing home residents need short-term care, which covers stays under 100 days.
Hospital relationships are a critical component for success within the current post-acute care (PAC) environment. With hospitals now more willing than ever to listen, building these relationships should be one of the top priorities for skilled nursing providers and other PAC providers. Most likely, a partnership is the approach to take, rather than simply a referral source engagement. To be a successful post-acute provider in the ever-changing world of value-based payments, the partnership way of thinking should be top of mind.