Weekly Updates & Resources from CHUG
INFLATION HALTS ANOTHER NURSING HOME UPGRADE PROJECT
A $25 million upgrade project would have added 120 skilled nursing beds to RCA Management’s building portfolio, but now, it has been expressed that the replacement project was deemed "no longer viable.”
The developers of a major nursing home project are pulling the plug for now, another victim of inflationary and regulatory pressures plaguing the sector.
The inability to solidify appropriate financing and increased costs of materials are cited as a couple of reasons for the abrupt project discontinuation.
At CHUG, we know that both minor and major disruptions have to be considered to maintain quality patient care, staffing, and overall healthcare facility operations. That’s why we are passionate about helping you every step of the way. From understanding your facility’s specific level of risk all the way to helping you create a strong Emergency Operations Plan with training along the way. We’re your trusted emergency preparedness partner. Take our 3-minute Risk Assessment >