Annual nursing home charges have continued to rise at a healthy clip, fueled by higher labor costs and federal rules that drive sicker patients downstream quicker.
Genworth survey: Cost of private SNF rooms jumped 5.5% in 2017
By
Sep 27, 2017
The monthly costs of a stay in a skilled nursing facility continued to grow in 2017, with the average monthly rate of a private room topping $8,000, according to Genworth’s annual Cost of Care survey.
Also in the news for Nov. 7, 2014 . . .
Nov 07, 2014
Major LTC insurer posts $844 million loss, shares tumble … Kindred’s quarterly numbers suggest restructuring is paying off … Monkey study raises hopes of weekly injections to fend off...
Also in the news for August 7, 2014 . . .
Aug 07, 2014
Mild cognitive impairment quadruples risk of Alzheimer’s … UK health system testing antipsychotic medication patch … Nursing home worker admits stealing from resident trust funds …...
Many Americans don’t understand long-term care
By
Roger Roemmich
May 14, 2014
Many Americans remain in denial and are therefore disinclined to pluck the truth from the myths about long-term care, much to the detriment of their own finances as they turn to homecare providers for...
The Babysitter Problem
By
John O'Connor
May 01, 2014
It took me decades to unravel, but I think I finally figured out why my parents had nine children.
Nursing rates and prices hit historic highs, reports show
By
John O'Connor
May 01, 2014
The rates nursing home charge and the prices they fetch on the market have hit new highs, reports reveal.
Premature obituaries about nursing homes unfair, off the mark
By
John O'Connor
Apr 11, 2014
Attend an industry event these days and you’re sure to hear doom-and-gloom forecasts for the skilled care sector. Simply put, LTC is not getting a lot of TLC.
Long-term (care) anxiety at bargain prices
By
Gary Tetz
Apr 10, 2014
The median annual cost of a nursing home room is now more than $87,000, according to a recent survey. To an uninformed member of the public, I’m sure that seems like a lot. But what the average person...
Median cost of a private nursing home room now exceeds $87,000 a year, Genworth survey finds
By
Tim Mullaney
Apr 03, 2014
The median annual cost of a private nursing home room in the United States has increased to $87,600, according to the latest annual survey from insurance company Genworth. This represents a 4.4% increase...