Skilled Nursing News October 23, 2024
Nursing home jobs rebounded in September, more than offsetting the dip experienced in the previous month, and added 3,900 positions, as nursing care prices also saw the highest growth compared to other health care services.
According to Altraum’s October’s Health Sector Economic Indicators brief released Wednesday, prices for nursing home care rose by 4.4% year over year, second only to the 6.5% growth in other personal health care prices over the same period. This increase positions nursing home care alongside hospitals and dental care, which both saw price growth of 3.9%. In contrast, home health care experienced the slowest price growth at just 1.3%.
The report also highlighted the differences in Medicaid pricing, which surged by 5.7% over the past...