March 5, 2020
McKnight’s Long-Term Care News reported on nursing home occupancy rate trends revealed by Marcum’s 2nd annual Nursing Home Benchmark Study.
McKnight’s Long-Term Care News
By Danielle Brown
Excerpt:
“I’ve seen in the fourth quarter of 2019 and the first quarter of 2020, a slow change in the occupancy rate. I think the industry has started to right-size itself, and I think in some areas of the country – for example, [in] specific pockets in Connecticut, we’re seeing a potential need for more beds, while in other areas of the state the occupancy rate is still low,” he told McKnight’s.
