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In a buyer’s market, who will step into the void? – McKnight’s Long Term Care News

As quickly as we chosen The cowl photograph — a dramatic “On the market” signal set Once against A tragic wanting constructing — for our current print journal, I used to be afraid it Might be Barely melodramatic, maudlin even.

As a Outcome of of our manufacturing schedule, we’re typically pressured to forecast nationwide tone properly Prematurely. However, boy, it constructive really Seems like we hit the nail on The prime this time.

Since we pushed print on the June problem, we’ve seen inflation proceed to climb, shares tumble into bear market territory and hints at fedperiodl Price of curiosity hikes Which will really feel aggressive after a decade of regular, traditionally low costs for debtors.

And the dangerous information simply proceeds to mount. The American Well being Care Affiliation final week launched end outcomes of A mannequin new survey displaying one-third of suppliers said their staffing woes have gotten “a lot worse” since January. Virtually three quarters (73%) said they have been considperiodbly or very involved thOn They Might Want To close their amenities if workforce problems persist.

We’re reporting on cloconstructives from left coast to proper coast, and now there’s information that public receivership Might be on the rise, too. Inside The Latest case, resident care doesn’t Appear to be a set off for intervention. Instead, it’s a facility’s lack of ability to pay staff that raised purple flags.</…….

Source: https://www.mcknights.com/daily-editors-notes/in-a-buyers-market-who-will-step-into-the-void/

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