Weekly Updates & Resources from CHUG

BANKRUPTCY FILINGS ON THE RISE FOR SENIOR LIVING AND SKILLED NURSING FACILITIES

This year alone, bankruptcy filings are up 25% for healthcare facilities with Q4 still looming. For the senior care sector, this represents the final fallout from “the depletion of COVID-19 resources, inflation, workforce shortages and supply chain disruptions.”

Long-term care facilities must implement strategies for longevity by avoiding long-term consequences like e-tags and other legalities. CHUG can help you assess your facilities’ unique risks to help you proactively prepare for unforeseen emergencies. Contact us today >