The economic and racial makeup of the neighborhood where a nursing home is located plays a big role in how financially stressed it is, a new study confirms.
It's hardly breaking news that we live in an aging nation. But a look inside the latest round of numbers might give providers more reason to feel optimistic about remaining solvent once the age wave hits.
The Department of Health and Human Services has updated its national standards for Culturally and Linguistically Appropriate Services (CLAS), providing an enhanced tool for long-term care providers serving increasingly diverse populations.
Elderly white women still make up the majority of the oldest nursing home residents, according to Centers for Disease Control and Prevention, although other researchers have found the number of white residents is on the decline.
It is a well-known fact that our nation is aging rapidly. However, a recently released census brief, "Age and Sex Composition: 2010," revealed remarkable findings. The study found that in the last decade, the male population grew much faster than the female population in the 60-plus age group. Understanding this demographic shift and responding to it appropriately will bring new opportunities to long-term care companies.