Studies Warn COVID-19 Imperils Nursing Homes Unable To Meet Rising Costs
The increasingly higher costs associated with providing care at nursing homes during the pandemic could force some facilities to go out business, studies say, leaving families with fewer choices about how to care for their loved ones.
Skilled nursing facilities have been some of the areas hardest hit by the virus, with new cases continuing to increase within their populations even as the Pfizer and Moderna vaccination shots continue to be doled out.
Recent studies from the American Health Care Association and National Center for Assisted Living show that some nursing homes may not be able to operate for much longer without federal funding.
According to the studies, about 65 percent of long-term care facilities across the country say they may have to close within the next year without financial support from the federal government.