Nursing home expenditures increased by 8.3% between March and April, second only to home health. Spending grew by 7.1% across the health care continuum year over year in April, as nursing care facilities saw a 1.8% decrease in employment compared to pre-pandemic numbers, according to a report by Stephens Inc. Meanwhile, nursing care facilities saw […]
Bureau of Labor Statistics
The process of hiring immigrant workers for the nursing home industry – from start to finish – looks like a grueling task for operators, but leaders in the industry say it’s the closest to a ‘silver bullet’ we have to meeting the staffing crisis. Such a long-term investment is marred by glacial immigration processes, and […]
Nursing care facilities added 5,400 jobs in February on a month-over-month basis. That’s according to the U.S. Bureau of Labor Statistics jobs report issued March 10, which showed a slight uptick in the overall U.S. unemployment rate, which rose from 3.4% in January to 3.6% in February. “Today’s report shows the labor market remains strong […]
Nursing care facilities added about 2,800 jobs in November 2022, as the health care sector overall saw payrolls increase by about 45,000 workers. Hiring in nursing care slowed down from October, when nursing homes added about 4,100 new workers. Job growth overall slowed in November, with nonfarm payrolls increasing by 263,000, compared with average growth […]
As health care employment numbers continue to climb, according to new federal data, nursing homes are only seeing slight job growth. Employers in health care overall saw 53,000 more jobs in October, with nursing homes seeing an estimated 4,100 more new hires, according to Bureau of Labor Statistics (BLS) data. When including residential care facilities, […]
It’s hard to pin down how nursing home operators should be feeling as the end of the year approaches. The best way I could describe it, one week after attending the American Health Care Association/National Center for Assisted Living (AHCA/NCAL) conference in Nashville, is a combination of optimism and pessimism that fluctuates depending on the […]
Nursing home labor shortages appear to have finally bottomed out, as this year has been defined by sequentially higher increases in the workforce. Most recently, nursing and residential care facilities in August saw a jump in employment of 12,000-plus jobs, with health care adding 412,000 jobs over the year. That’s quite the leap from an […]
Nursing home leaders looking to return to pre-pandemic staffing levels may have to wait at least four years should the industry maintain its modest pace of recovery. That’s according to a new report released Monday by the American Health Care Association and National Center for Assisted Living (AHCA/NCAL). Based on the nursing home sector’s average […]
As the year so far has brought rising inflation, the looming possibility of a recession and uncertainties around staffing stability and post-Covid demand, there are still operators — like Ensign Group (Nasdaq: ENSG) — that have continued on a path toward growth. In a note previewing 2Q earnings for the health care services industry, Stifel […]
Hiring in the health care field continues to grow as employers in the sector saw an estimated 56,700 more jobs in the month of June. Nursing care facilities specifically added 5,400 workers last month, according to Bureau of Labor Statistics (BLS) data, but the industry still employs more than 200,000 fewer workers compared to pre-Covid […]
Finding solutions to high staff turnover rates and persistent retention and recruitment challenges will take a combination of strategies — forcing nursing home operators to be creative and nimble to find out what works best for them. What can often get in the way of finding the right set of solutions for a provider is […]
While the latest employment numbers show the health care sector grew by 28,000 jobs in May – including 1,300 nursing home jobs – staffing shortages continue to hold operators back, with many still limiting admissions and asking current staff to work overtime as a result. Employment in health care overall is still down 223,000 jobs […]
While the health care industry added an estimated 34,300 jobs in April, only 900 of those jobs were in the skilled nursing sector. The American Health Care Association/National Center for Assisted Living (AHCA/NCAL) called the data from the latest Bureau of Labor Statistics (BLS) report “a sight for sore eyes,” however, it’s still a far […]
As state and federal policymakers clamor to set nursing home minimum staffing standards – most recently in the Biden administration’s expansive reform proposals – leaders in the space are asking a pointed question: Why now? The industry has already lost nearly 238,000 caregivers in the last two years – an issue that has only been […]
Nursing homes gained 1,600 jobs in February, a modest increase compared to home health and physician offices at 20,000 and 15,000, respectively, according to data compiled by the U.S. Bureau of Labor Statistics (BLS). The sector added 3,800 hires from December 2021 to January 2022, BLS data found. To put this data in perspective, nursing […]
Though home health care services and hospitals have seen their employment nearly recover to pre-pandemic levels, the same cannot be said for nursing homes. The sector has lost 221,000 jobs during the pandemic, or 14%, since March 2020, according to Bureau of Labor Statistics data through October released last week. Mark Parkinson, president and CEO […]
As nursing homes continue to see a high turnover rate among registered nurses, licensed practical nurses and certified nursing assistants, operators continue to do anything they can to keep staff, including offering pay increases, incentives and educational benefits. Some leaders in the industry see the international staff pool as the sector’s best chance to get […]
After several consecutive months of declines, the nursing home industry actually added jobs in January, the first month of employment growth since the implementation of a new Medicare payment system last October. The nation’s nursing care facilities brought on 2,400 workers in the first month of 2020, according to the regular monthly employment report from […]
A rapidly aging U.S. population is expected to drive up demand for nurse practitioners and personal care and home health aides over the next decade, according to data from the U.S. Bureau of Labor Statistics (BLS). Total employment is expected to increase by 11.5 million jobs between by 2026, representing a 0.7% annual rate of growth. Much of […]
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