2024 Skilled Nursing Facility Benchmarking Report

This report serves as a comprehensive benchmarking guide for skilled nursing facilities (SNFs) based on data from 2019 to 2022. It provides detailed insights into key operating revenue and expense indicators relevant to SNF providers, investors, and stakeholders in the healthcare sector. The report highlights significant trends affecting the SNF industry, including the impact of the COVID-19 pandemic, staffing challenges, and inflationary pressures on operational costs. It outlines financial metrics related to profitability, occupancy rates, and revenue drivers, emphasizing the importance of strategic planning in response to regional market dynamics. Additionally, the report discusses the transition to the Patient-Driven Payment Model (PDPM) and its implications for Medicare reimbursement. The findings are supported by data from over 12,000 nursing facilities across the United States, providing a robust framework for understanding the current state and future outlook of the skilled nursing sector.