The pandemic has not had a âdevastatingâ financial impact on publicly traded nursing home companies, according to a review of audited financial data submitted to the federal government.
The researchers called for more financial information transparency from both public and nonpublic nursing home corporations in order to determine where additional government funding is needed to support the industry.
The analysis, which investigated claims of severe, pandemic-related financial problems reported by the nursing home industry, was published Monday in the
Journal of the American Geriatrics Society.
The study found nursing home corporate revenues didnât collapse in 2020 when compared to 2018 and 2019.