The post-acute market, currently valued at $245 billion, is projected to grow to over $350 billion by 2030. The rise in occupancy, reimbursement, and population growth have led to the revenue increase in the post-acute market. The 2023 Post-Acute Market Report highlights facilities’ efforts to endure post-pandemic economic pressures, technology innovations, and reimbursement changes.
- 43% of SNF executives predict that skilled nursing staffing challenges will begin to improve after 2024.
- Patient volumes in skilled nursing facilities have increased 11% from 98,862 in January 2021 to 110,271 in January 2023.
- Continuing care retirement community (CCRC) occupancy levels increased to 91.5% in the fourth quarter of 2022.
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