Nursing home sales, closures, halts to admissions come as staffing shortages continue

September 12, 2022

As staffing shortages continue to plague nursing homes, sales, closures and admissions stoppages are becoming more frequent, according to respondents to a survey by the Long-Term Care Imperative, a collaboration of LeadingAge Minnesota and Care Providers of Minnesota, the state affiliate of the American Health Care Association. 

Sixty of the 100 survey respondents said that, due to staffing shortages, they already have or will be reducing the number of residents and patients they can accept. Twenty-percent of the responding providers said they are considering selling their SNFs or closing altogether. 

More than 100 nursing homes across the Gopher State have closed since 2000, with six closing this year alone, according to the associations.

Lack of state funding is one reason for financial instability, according to LeadingAge Minnesota. Additionally, according to LeadingAge Minnesota, the rates provided by the state no longer cover the cost of care.

Read the full story from McKnight’s here.