The Financial Health of the California Nursing Home Industry
Publication Date: June 2003
Publisher: California HealthCare Foundation
Author(s): Shattuck Hammond Partners; Herbert J. Horowitz; Keith Dickey; Cecilia C. Montalvo
Research Area: Health
Type: Report
Coverage: California
Abstract:
This study provides an objective assessment of the financial performance of the skilled nursing industry in California as of June 2003. Highlighted are critical public policy issues and financial context for the decisions that industry leaders, policymakers, and patient advocates must address. Findings from the study cover the following topics:
*Industry capacity, facility ownerships, and demographics; *Revenue and reimbursement trends; *Operating expense trends; *Net income and operating margin trends; and *Industry outlook and policy considerations.
An accompanying issue brief summarizes the key findings from the study and a series of slides offers basic data points.
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