Rate growth slows for SNFs, home care
04/19/24 at 03:00 AM
Rate growth slows for SNFs, home care
McKnights Senior Living, by Kathleen Steele Gaivin; 4/17/24
Rates for both nursing home care and home healthcare grew more slowly in March than in February, according to Altarum’s monthly Health Sector Economic Indicators brief, released Tuesday. Nursing home rates increased by 4%, year over year, compared with 4.4% in February, while rates for home healthcare grew by 3.1%, down from 3.4% in February, George Miller, Altarum fellow and senior researcher, told the McKnight’s Business Daily on Tuesday.