Nursing Home and CCRC Spending Grew 5.6% to $191.3B in 2022—After Dropping 7.8% in 2021
12/15/23 at 03:20 AM
Nursing Home and CCRC Spending Grew 5.6% to $191.3B in 2022—After Dropping 7.8% in 2021
Skilled Nursing News
December 13, 2023
Nursing homes and continuing care retirement communities 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 Health Affairs.