The Next Evolution Of Nursing Home Performance Ratings
Nursing homes are getting more attention these days for a few reasons. First, the costs – in 2014, spending on freestanding nursing care facilities and continuing care retirement communities reached $155.6 billion, or an increase of 3.6% from 2013 (see National Health Expenditures 2014 Highlights). In 2015, the median annual cost for a private room in a nursing home was $91,250 (with a median daily cost of $250), and the median annual cost of a semi-private room was $80,300 (with a median daily cost of $220) (see 2015 Median Nursing Home Private Room Cost Up 4 . . .