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Report Nursing Homes Under Serious Financial Stress / Public News Service

South Dakota continues to grapple with staffing shortages at nursing homes, and a new report found some might not be able to recover financially. The findings, issued this week by the American Health Care Association (AHCA), showed between 32% and 40% of nursing-home patients in the U.S. live in facilities considered financially "at risk." Separate reports showed close to half of South Dakota care facilities are dealing with staffing shortages. ...
New York United States New Jersey South Dakota Mark Deak Kim Callinan

COVID-19 detonates long-standing financial woes for nursing homes

COVID-19 detonates long-standing financial woes for nursing homes The COVID-19 pandemic tore through the regions nursing homes, killing many vulnerable elder residents, despite intense efforts to keep them safe. Now some nursing homes are facing a knock-on pandemic crisis of financial woes: Unexpected additional costs, throttled revenue and unending, expensive staff shortages. This could spell the end for some nursing homes, particularly some small rural facilities. 2:00 pm,...
North Dakota United States South Dakota University Of Minnesota Jeremy Fugleberg Mark Deak
Source: dglobe.com

Pandemic Worsens Dire Financial Situation for SD Nursing Homes

   The state is using a portion of its remaining pandemic relief money to help some facilities pay the bills. Jenkins Living Center in Watertown went largely untouched by COVID-19 for the first few months of the pandemic. That changed during the statewide surge that began in October. As South Dakota’s COVID rates reached record highs, senior facilities found it more difficult to keep the virus out.   Loren Diekman is president and CEO of the facility, which is one of the largest in the ...
South Dakota United States Mark Deak Loren Diekman Kristi Noem Dakota Health Care Association
Source: sdpb.org

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