Skilled Nursing News March 23, 2023
Nursing home spending was among the highest compared to other health care categories at the beginning of this year, increasing by 9.2% in January, while the sector’s earnings were also ahead of hospitals and ambulatory care.
That’s according to Health Sector Economic Indicators (HSEI) briefs compiled by Altarum, a nonprofit research and consulting organization serving government health insurers, health foundations and other nonprofit clients that focus on the health industry.
Nursing home spending was the third-highest category, according to the data, with dental services seeing a 10.6% increase and home health care a 9.4% rise in spending. Physician and clinical services spending increased the least at 3.5%.
Overall health care spending on a national level grew by 4.6%, year-over-year.
Nursing...