$11.3 Billion Needed for Nursing Homes Staffing
January 3, 2023
Estimate comes from the American Health Care Association, representing more than 14,000 nursing homes and other long-term care facilities.
Due to increasing labor costs and pervasive workforce shortages nationwide, more than 191,000 nurses and nurse’s aides are needed at the annual cost of $11.3 billion for nursing homes to meet a staffing minimum of 4.1 hours per resident day (HPRD), according to a new estimate. This figure is up from July 2022, when the estimate foresaw the need for an additional 187,000 caregivers and an annual cost of $10 billion.
Read the full story from Healthcare Facilities Today.