May 16, 2023 | less than a minute read

Potential Nursing Home Staff Mandates Could Stress Already Stressed Asset Class

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Keith M. Aurzada

Partner

Get in touch

Keith M. Aurzada

Partner

As the senior housing and nursing home industry reels from increased interest rates, COVID, and labor shortages, the additional staffing mandates proposed by the Biden administration could result in further stress to this industry.

It sets up an interesting dichotomy between industry constituents and government involvement designed to improve care for the elderly. The big question is how the economics of the proposed mandates will affect care and investment activity in the space.

The Biden administration is poised to propose minimum staffing levels for the nation’s some 15,500 nursing homes, setting up a showdown with powerful industry lobbies. There’s been much anticipation from advocates — and angst from the industry — over what exactly these requirements will look like.

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