The challenge facing the skilled nursing sector, Ray Thivierge explained during a recent interview with NIC, is that a massive realignment is taking place as the health care system shifts from a fee-for-service to value-based reimbursements.
The Labor Department reported that nonfarm payrolls increased by 287,000 positions in June, more than the 180,000 positions consensus projection. The small increase initially reported in May’s employment report of 38,000 was revised lower to only 11,000. Hiring in the second quarter averaged 147,000 a month, down from 196,000 in the first quarter and 229,000 in 2015. Employment rose in leisure and hospitality, health care, social assistance, financial services. The return to work of Verizon strikers also boosted jobs in information services. In June, health care employment rose by 39,000.
NIC released its Skilled Nursing Data Report on June 21, 2016. This is the second release of the report and includes key monthly data points from October 2011 through March 2016. In this week’s blog post, we’ll take a closer look at the release and provide a detailed analysis.
By Liz Liberman, Health Care Analyst, NIC The population of younger nursing home residents is on the rise, according to the National Center for Health Statistics. This population includes young adults with disabilities and adults between the ages of 65 and 74. In fact, the latter population has grown from 13% of all nursing home residents in 2000 to 14.9% in 2013, the McPherson Sentinel reports. This rise is mostly due to the increase in short-term stay residents. The American Health Care Association estimates that 22% of nursing home residents need short-term care, which covers stays under 100 days.