Nursing homes and continuing care retirement communities (CCRCs) made up $191.3 billion of national health expenditures in 2022, an increase from $181.1 billion in 2021, reaching levels close to the onset of the Covid-19 pandemic. Pre-pandemic, such expenditures sat between $162 billion and $174.1 billion between 2016 and 2019, according to a survey published by […]
Office of the Actuary at the Centers for Medicare & Medicaid Services
Total expenditures for nursing care facilities and continuing care retirement communities (CCRCs) fell by 7.9% between 2020 and 2021. Going back to 1970, these expenditures had only ever increased each year, according to data released Wednesday. The decline last year can be attributed in large part to the pullback in federal relief programs related to […]
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