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Nursing homes hope new services will open a window of opportunity

Adding services is one way for nursing homes to increase their staying power, notes Ryan Cochran in this article from McKnights Long-Term Care News. Ryan represents receivers and trustees in skilling nursing and other senior living transactions.

“You’re increasing your revenue streams,” Cochran states in the article. “That also makes you more attractive to a hospital who’s looking to make referrals to a facility that demonstrates it’s got higher acuity and the ability to reduce readmissions back to the hospital.”

For more insights, read the full article here. 

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