Skilled Nursing News September 24, 2024
Nursing home care experienced the most significant price increase among major health care categories in August, but the sector also faced a big dip in employment during the month, with the sector losing 3,600 jobs.
That’s according to the latest Altarum Health Sector Economic Indicators (HSEI) briefs for September 2024 released Tuesday.
This is the largest drop in employment in this sector since September 2021, when employment was still declining due to pandemic-related factors, according to Altarum analysts.
“It remains to be seen from future employment data whether this decline is an isolated occurrence or part of a broader, long-term trend in nursing home employment,” said Stephen McCall, senior analyst for health economics and policy at Altarum.
Nursing home care...
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