The pandemic had a brutal effect in nursing homes. Mortality levels jumped from 17% in 2019 to 22.5% in 2020—nearly a one-third increase—according to a report from the Office of the Inspector General for the Department of Health and Human Services. "This 32% increase amounts to 169,291 more deaths in 2020 than if the mortality rate had remained the same as in 2019," the report said.

The data was based solely on Medicare claims, as nursing homes weren't required to report Covid-19 cases and deaths before May 8, 2020, and so the number of deaths in nursing homes was likely higher.

The tragic human effects outweighed others, but there were also economic and business impacts from the pandemic that are currently still affecting the skilled nursing segment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.