SNF or No SNF? A Question for Today’s Life Plan Communities

Speaking Engagement | May.24.2022 | 11:15am - 12:15pm (Central Daylight Time (GMT -05:00))

Addison, TX

Jenna Magan will be speaking at the LeadingAge Texas Annual Conference & Solutions Expo  on Tuesday, May 24 at 11:15 am (Central) on a panel titled “SNF or No SNF? A Question for Today’s Life Plan Communities.”

Panel Description:

As LPC providers evaluate the strategic question of how to provide residents with a continuum of care and whether that includes on-campus nursing care, there are a number of logistical implications that must be considered, including impact on organizational, financial, accounting, regulatory, and disclosure requirements.

Many Life Plan Communities (“LPCs”) originally started as a nursing care center and then added senior housing, assisted living, and recently memory care. Over the years, the nursing care center shifted from providing primarily custodial care to restorative care, eligible for Medicare reimbursement and direct admits of non-LPC patients from the hospital. This was a strong economic model for several decades, but recently the challenges to comply with increasing regulation, operate with declining reimbursement, retain staff, implement technology and EMR, and maintain market share are causing LPC providers to rethink the role and necessity of a licensed nursing facility on their campus. The pressures impacting the nursing care sector have been exacerbated by opportunities to provide more complex medical care within licensed assisted living and memory care. As LPC providers evaluate the strategic question of how to provide residents with a continuum of care and whether that includes on-campus nursing care, there are a number of logistical implications that must be considered, including impact on organizational, financial, accounting, regulatory and disclosure requirements.

Learning Objectives:

  • Review challenges and market trends related to SNF sector
  • Discuss the role of nursing care within LPC and strategic options both on and off campus
  • Identify potential organizational, financial, accounting, regulatory and disclosure requirements and consequences

CLE Credits Available: N