Skilled nursing facility operators and others in the senior care industry with diversified service lines are in a better position to care for residents at this point in the pandemic — and in the future.
Skilled nursing provider Marquis Companies has been building a diverse offering of services for years now, adding home health, a long-term care pharmacy, a therapy company and, most recently, a special needs insurance plan (I-SNP) to its 25 SNFs and assisted living facilities.
“By having many, many parts of the continuum, that allows us to drive some efficiencies,” Steve Fogg, chief financial officer for Oregon-based Marquis, told SNN. “It allows us to improve the experience for residents, because they have commonality of services from an organization that they know.”