Skilled Nursing News reported the results of Marcum’s annual nursing home benchmark study.

Excerpt:

“Compared to other years, the cost on a per patient day skyrocketed as a result of lower occupancy and all the extraordinary costs on staffing related to the pandemic,” Matthew Bavolack, a Marcum principal and the firm’s national healthcare services leader, told Skilled Nursing News. Bavolack said a significant gap can be seen between what the government paid in CARES Act support versus what was spent.

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