Nursing Home Room

Nursing rates and prices hit historic highs, reports show

Nursing rates and prices hit historic highs, reports show

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The rates nursing home charge and the prices they fetch on the market have hit new highs, reports reveal.

Room charges now top $94K

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The cost of a private nursing home room increased an average of more than 3% annually during the past five years, and currently averages more than $94,000, according to a new survey.

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