Skilled Nursing Facility

Skilled Nursing Facility

Skilled nursing facilities are established to offer nursing care or rehabilitation services. These facilities target older adults with disabilities, injuries, or sicknesses. Skilled nursing facilities are similar to nursing homes, but they offer medical expertise services. In addition, a skilled nursing home is considered to be an appropriate living environment for older adults who are undergoing post-operative care.

[Older adults attending the Skilled Nursing Seminar]

U.S. Department of Health &amp Human Services

[200 Independence Avenue, S.W.Washington, D.C. 20201&nbsp]

Skilled Nursing Facility

Legal differences

The main difference between for-profit and non-profit skilled nursing facilities is based on their existence and their ways of sourcing and utilizing funds. For-profit skilled nursing facilities are established to help owners make profit, while non-profit ones are required to spend all the money they raise accomplish the purpose for which they were founded.

The law allows for-profit skilled nursing facilities to distribute profits to their owners, which leads to higher charges as these facilities try to create wealth for their owners.

In addition, non-profit skilled nursing facilities qualify as 501 (c) (3), which

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Very smart customer

gives them both the federal and state tax, exemptions. With tax exemptions, a non-profit skilled nursing facility is able to charge their clients less for their services compared to for-profit skilled nursing facilities.

The government oversight on non-profit skilled nursing facilities is tighter than for-profit. For example, non-profit are required to fill IRS Form 990, which is a disclosure of their financial information. This implies that non-profit skilled nursing facilities are accountable to the public and to the government.

Certification

The processes of certification and accreditation apply similar requirements and standards for both for-profit and non-profit skilled nursing facilities. The licensing agencies focus on facility’s compliance with the state laws and its ability to offer quality care. For example, the Department of Health and Senior Services certify skilled nursing facilities after checking for

  • Environment of care.

  • Life safety.

  • Quality of medical and nursing care.

Contact Us

U.S. Department of Health &amp Human Services

200 Independence Avenue, S.W.Washington, D.C. 20201&nbsp

References

Adler,J. (2003). For-profit or non-profit: What is the difference? ChicagoTribune.Retrieved November 20, 2015, fromhttp://articles.chicagotribune.com/2003-07-20/business/0307200309_1_profit-professional-geriatric-care-managers-long-term-care

Carter,C. (2014). For-profitversus not-for profit organizations.Santa Monica: Demand Media.

JointCommission (2014). Factsabout long-term care accreditation.Oakbrook: The Joint Commission.

Marak,C. (2015). What are skilled nursing facilities? Defining nursinghomes and skilled nursing facilities. SeniorCare.Retrieved November 22, 2015, fromhttp://www.skillednursingfacilities.org/resources/what-are-skilled-nursing-facilities-/