The 5 Building Blocks of Skilled Nursing Financial Architecture

Any builder knows constructing a house requires more than just erecting four walls and a roof. Although those components are crucial, a house also needs a good foundation along with electrical and plumbing work.

In a similar vein, skilled nursing operator budgets are more than just money in and money out. Like building a house, a skilled nursing facility’s financial viability depends on many factors, all culminating in a term that Plante Moran Partner Patrick McCormick calls “financial architecture.”

Read The Article

Related Posts

Industry CEOs Say Vaccine Mandate Singles Out SNFs
‘Mass Exodus’ of Nursing Home Staff Likely to Impact Home Health Providers
53% of Unvaccinated Long-Term Care Staff Plan to Find Other Work