As of December 2020, about 65% of nursing homes are operating at a loss due to cost pressures created by the coronavirus disease 2019 (COVID-19) public health emergency (PHE) and doubt their facilities can continue operations. About 25% of nursing homes are operating with a profit margin between 0% and 3%. The remaining 10% reported operating margins above 3%. About 90% of nursing homes reported hiring additional staff and/or paying staff overtime to maintain staffing during the COVID-19 PHE. About 58% of nursing homes said additional staff pay (reported by 43%) and hiring new staff (reported by . . .
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