GLOBAL SKILLED NURSING FACILITY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• On January 17, 2024, CPSI (now known as TruBridge), a healthcare solutions company, and PointClickCare, a leading healthcare technology platform that enables meaningful collaboration and access to real-time insights, have announced a referral partnership. PointClickCare will exclusively refer TruBridge, a revenue cycle management (RCM) solution, to their skilled nursing clients seeking outsourced RCM solutions.
• In October 2022, Allina Health, a nonprofit health care system, and Flare Capital Partners, a private investment firm, announced the launch of Inbound Health, a new company that allows health systems and health plans to provide hospital-at-home and skilled nursing-at-home services. These creative new care models enable patients who require facility-level acute or post-acute care to get care in the comfort of their own homes, improving patient access, satisfaction, and results while lowering total care costs.
• In March 2022, Antara, part of the USD 5 billion Max Group, announced the opening of a 10-bed Care Home facility in Jasola, India. The launch comes shortly after Antara announced plans to invest more than Rs 300 crore in senior residences, care homes, care at home services, and MedCare products over the next three to four years.
• In March 2022, Rela Hospital, a multi-specialty quaternary care hospital in Chromepet, India, opened a new health care facility in Oragadam to provide healthcare solutions to the Oragadam industrial sector. The new facility contains 32 beds. The three-story structure, which spans 15000 square feet, is intended to deliver world-class quality healthcare to citizens of the Oragadam and Kanchipuram districts at a reasonable cost.