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Managerial Results for 2007 – Just Released

Staff Writers

· The total number of licensed nursing home beds eligible to receive only Medicare reimbursement climbed 17.9% in 2007, to 74,996 from 63,595 the previous year, the seventh consecutive annual increase.

·  For the seventh straight year, the number of licensed nursing home beds per 1,000 people age 65 or older fell, to 45.5 in 2007 from 46.2 in 2006.      

·  In 2007, 21.1% of nursing home residents underwent rehabilitation services, up more than four percentage points from 17.0% in 2006.

· Nearly two-thirds (66.0%) of all nursing home residents were dispensed psychoactive medications in 2007, up from 63.4% in 2006, the highest share of the seven medications tracked.

· Between 2006 and 2007, total patient revenue per nursing home per year increased another 3.3%, to $7.9 million from $7.7 million, the third consecutive annual rise.

· The number of hospital-based skilled nursing facilities (SNFs) in the U.S. fell substantially in 2006, to 1,025 from 1,233, the third consecutive annual drop.

· In 2007, the total number of assisted living facilities (ALFs) in the U.S. grew another 2.1%, to 14,157 from 13,871. Since 2004 (12,500), the number ofALFs has climbed 13.3%.

· Following five consecutive years of growth, the total number of home care agencies operating in the U.S. fell fractionally in 2007, to 13,309 from 13,333 in 2006.

· Of patients treated by chain not-for-profit home care agencies, 63.5% were Medicare beneficiaries in 2007, up fractionally from 63.2% in 2006, the highest share among the six ownership types profiled.

· The average number of physical therapists per home care agency rose to 2.3 in 2007 from 2.2 in 2006, the only job title profiled that recorded a growth during this period.

*Acknowledgements

The editors and author acknowledges Verispan LLC, Yardley, Pa., as the research and reporting source for this data, reprinted with permission and based on information gathered by mail and telephone surveys gathered and effective as of December 31, 2008, unless otherwise noted.  It was commissioned, sponsored and underwritten in an arm’s length fashion by the Managed Care Digest Series of sanofi-aventis, Bridgewater, NJ, and developed and produced by Forte Information Resources, LLC, Denver, Colorado.

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