Author: David Penn

New York, NY—In communities across the country, the economic impact of local initiatives is becoming increasingly apparent, sparking a renewed focus on the power of investing in neighborhood development. From revitalizing downtown areas to supporting small businesses, the effects are profound, not only boosting local economies but also enhancing the quality of life for residents. One of the most compelling examples of this can be seen in the revitalization projects that have transformed previously declining neighborhoods into bustling centers of commerce and community. According to a recent study by the Economic Policy Institute, for every dollar invested in these projects,…

New York, NY—In a transformative shift for healthcare, skilled nursing facilities are experiencing a profound resurgence, redefining the landscape of long-term care across the United States. As the baby boomer generation ages, the demand for high-quality, skilled nursing services is reaching unprecedented levels, with facilities adapting and thriving amidst these changing needs. A report from the American Health Care Association indicates a 15% increase in patient admissions to skilled nursing facilities over the past year alone, underscoring the growing reliance on these critical healthcare providers. The resurgence is not solely driven by an aging population; it also reflects significant improvements…

New York, NY—Amid rising healthcare costs and heightened scrutiny over hospital readmission rates, a compelling storyline has emerged, foregrounding the crucial role of skilled nursing facilities (SNFs) in not only enhancing patient recovery post-hospitalization but also in registering significant cost savings across the healthcare continuum. At the heart of this narrative is a striking statistic: According to a study by the American Health Care Association, properly utilized SNF care could reduce hospital readmissions by up to 25%, a figure that not only underscores the efficacy of skilled nursing in patient care but also the potential for substantial financial savings. “This…

New York, NY—A groundbreaking study reveals that skilled nursing facilities are not just crucial for patient recovery but also significantly cost-effective for the taxpayer’s wallet. In an era where healthcare spending is scrutinized more than ever, the spotlight turns to preventing measures that skilled nursing offers, underscoring its value in saving taxpayer dollars and improving patient outcomes. Focused on reducing hospital readmissions and enhancing patient care, skilled nursing facilities employ a comprehensive approach, integrating advanced rehabilitation services, personalized care plans, and preventive measures. The study showcases that for every dollar invested in skilled nursing care, there’s a return of savings…

New York, NY—Amid the ongoing conversations about health care reform and aging populations, the elephant in the room remains largely unaddressed: The staggering cost of neglecting skilled nursing care facilities and workforce. Experts warn that the consequences of inaction are far-reaching, impacting not only the elderly but also the economic health of the nation. According to a study conducted by the American Health Care Association, the skilled nursing industry has been facing a chronic shortage of personnel, exacerbated by the COVID-19 pandemic. The long-term effects of neglecting this crucial component of the healthcare system are now coming to light, revealing…

New York, NY—Not an Expense, a New York-based fintech start-up, is greatly redefining financial management for small and medium-sized enterprises (SMEs) with its innovative approach, streamlining the expense management process and profoundly impacting how businesses oversee their finances. Founded in 2020 amid the global pandemic, the company has quickly risen to prominence, capturing the attention of investors and industry experts alike. In an era where financial dexterity is paramount to business survival and growth, Not an Expense emerges as a beacon of hope for many struggling to navigate the complexities of expense tracking and management. By providing a user-friendly platform…

New York, NY— In the heart of an aging America, skilled nursing facilities stand as a beacon of support for the elderly and those in need of post-hospitalization care, representing not only a crucial component of the healthcare system but also an increasingly attractive investment opportunity. The skilled nursing sector, often overshadowed by the flashier realms of tech or real estate, is beginning to claim its spotlight, demonstrating resilience, and offering a steady path for investors amidst economic uncertainties. A key driver of this burgeoning interest is the undeniable demographic trend: the population of Americans aged 65 and older is…

New York, NY—In the heart of one of the world’s most bustling metropolises, an innovative conference recently unfolded, bringing light to the imperative call for sustainable development within the skilled nursing sector. Entitled “The Choice is Ours: Building a Sustainable Future for Skilled Nursing,” the event garnered significant attention, uniting healthcare professionals, policy makers, and sustainability experts in a concerted effort to redefine the future of long-term care. The conference spotlighted a pressing issue facing the U.S.—an aging population coupled with an increasingly strained healthcare system. According to a recent study by the American Health Care Association, approximately 70% of…

New York, NY—The skilled nursing sector, a cornerstone in the care of America’s elderly and disabled population, finds itself at an alarming crossroads. Faced with an unprecedented crisis, stakeholders are calling for immediate action on funding to avert a situation that experts warn could have far-reaching repercussions on healthcare quality and accessibility. The skilled nursing industry, responsible for providing long-term care and rehabilitative services, has been under financial strain for many years. However, the COVID-19 pandemic has exacerbated the situation, highlighting and intensifying existing vulnerabilities within the sector. With the demand for skilled nursing facilities (SNFs) projected to rise as…

New York, NY—In an era where healthcare systems are under increasing strain and populations worldwide are aging more than ever before, the crucial role of skilled nursing in the framework of public health cannot be overstated. Protecting our most vulnerable citizens—particularly the elderly and those with chronic conditions—has become a mission that calls for both compassion and expertise. Skilled nursing facilities (SNFs) stand at the forefront of this challenge, offering a beacon of hope and a model for comprehensive care. A study by the National Institute on Aging revealed that by 2050, the population aged 65 and over is expected…