Becker's Healthcare January 10, 2025
As part of its newly launched Nursing Home Staffing Campaign, CMS is offering eligible nursing homes an opportunity to apply for Financial Incentive Administrator designation. If approved, facilities will receive funding to recruit and retain registered nurses.
As a Financial Incentive Administrator, nursing homes will be able to give RNs up to $40,000 in student loan debt relief and a $10,000 stipend after staying with a facility for three years, according to a Jan. 9 news release from the American Health Care Association.
CMS launched the staffing campaign in response to industrywide workforce shortage concerns looming over the agency’s impending minimum nursing home staffing rule.
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