Author: David Penn

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…

New York, NY—In a nation where the aging population is rapidly increasing, the critical importance of skilled nursing facilities (SNFs) cannot be overstated. Yet, as the demand grows, funding for these essential services is lagging dangerously behind, leading experts and industry leaders to sound the alarm on the urgent need for financial intervention. A recent study from the National Health Care Association indicates a startling statistic: over 70% of skilled nursing facilities are operating at a loss, a clear sign that current funding levels are insufficient to meet operational costs, let alone the demands of an aging America. “Skilled nursing…

New York, NY—Amid growing concerns over the future of healthcare for America’s aging population, new findings reveal the staggering consequences of underfunding in skilled nursing facilities (SNFs). These institutions, essential for seniors requiring 24-hour supervised care, face a crisis that experts warn could lead to increased morbidity rates, a surge in healthcare costs, and a significant decline in the quality of life for millions of elderly Americans. A recent study by the American Health Care Association (AHCA) underscores the severity of the issue, stating that “75% of skilled nursing facilities are operating at a loss or within razor-thin margins,” a…

New York, NY—Across the United States, skilled nursing facilities stand as essential pillars for supporting the health and wellness of our most vulnerable populations. Yet, despite their critical role, these institutions continuously grapple with a plethora of challenges that threaten their ability to provide care. As a lifeline for many, the sector calls for immediate and substantial support to ensure its sustainability and effectiveness. Skilled nursing facilities cater to patients who require around-the-clock care, including those recovering from surgery, strokes, or dealing with chronic conditions like diabetes and heart disease. These facilities act as a bridge between hospital and home…