Nursing home care experienced the most significant price increase among major health care categories in August, but the sector also faced a big dip in employment during the month, with the sector losing 3,600 jobs. That’s according to the latest Altarum Health Sector Economic Indicators (HSEI) briefs for September 2024 released Tuesday. This is the […]
Altarum
Nursing homes posted job growth and wage increases, reflecting broader trends in the health care sector. That’s according to the latest Altarum Health Sector Economic Indicators (HSEI) briefs for August 2024. Nursing and residential care facilities added 9,200 jobs in July 2024. Much of the job growth was fueled by a strong increase in jobs […]
Nursing and residential care facilities had the highest wage growth of any health care setting in April at 4.5% year over year, which was followed by ambulatory health care services at 3.2% and hospitals at 3.1%. The sector also added 9,300 jobs in April despite a “cool month” for the economy, according to economic indicators […]
Pricing for nursing home care continued to grow the fastest in the first month of 2024 compared to other major health care categories, jumping by 4.9% in January, as wages grew but job growth lagged. That’s according to Altarum’s Health Sector Economic Indicators (HSEI) Briefs published on Tuesday. Nursing home care was among service prices […]
The nursing home industry led the health care sector in wage growth while prices for skilled nursing services grew at the fastest pace at the end of 2023. Meanwhile, employment growth slowed to a crawl in December despite a desperate need to bolster the nursing home workforce. This is according to Altarum’s Health Sector Economic […]
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 […]
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