Finance

Study: Nursing home costs skyrocketing and expected to get worse

By September 3, 2019 March 27th, 2020 No Comments

nursing home costsHave you started researching nursing homes for you or a loved one? The price tag will likely give you sticker shock.

Bloomberg reported that a study by Georgetown University Medical Center found nursing home cost is outpacing inflation. The article also notes there isn’t a solution on the horizon. Operating expenses for nursing homes are increasing and a government fix is highly unlikely in the near future.

If you’re not sure what is right for you or a loved one, read our guide that explains the differences between nursing homes, assisted living, and home care.

Get proactive with home care

Family Directed Home CareAn in-home caregiver can help you delay or avoid the need for a nursing home. Caregivers can assist with daily routines, light housekeeping, getting around safely, meal preparation, getting to appointments, and offer companionship.

Family Directed Home Care can connect you with affordable and experienced in-home caregivers. It costs nothing to review local caregiver profiles. Just tell us your care needs and budget. Click here to get started.

And because we know that you still want to have some control over the care, we provide a mobile app for making managing that care easier.