Tight margins and marketplace changes open doors for new business ventures.
Enthusiasm for creating new business lines, both directly and indirectly tied to core skilled nursing facility (SNF) or assisted living (AL) operations, could not be higher among many long term and post-acute care (LT/PAC) providers.Large and small owner/operators see diversification as a pathway to boost revenue and a means for survival amid increased reimbursement uncertainty, tight margins, and persistent concerns over occupancy rates.