The American Health Care Association and National Center for Assisted Living (AHCA/NCAL) released the “State of the Nursing Home Sector" report, a data-backed snapshot of the industry's most critical issues. The nursing home industry is calling on federal policymakers to prioritize seniors to prevent worsening a growing access to care crisis as nursing homes struggle to find workers and keep their doors open.
Highlights from the report include:
COVID-19
- More than 50 percent of residents are up to date on their vaccines, which is three times higher than the general population.
- Nursing homes are seeing the longest running streak of historically low resident mortality rates due to COVID-19 – fewer than 0.5 per 1,000 residents since February 13, 2022.
Historic Labor Shortage
- Nursing homes experienced the worst job loss of any healthcare sector during the pandemic, with 210,000 jobs lost from February 2020 to December 2022.
- Workforce levels are the lowest they've been since 1994.
- At the current pace of modest job growth, nursing homes would not return to pre-pandemic levels until 2027.
- 84 percent of nursing homes are currently facing moderate to high levels of staffing shortages.
On the Financial Brink
- 55 percent of nursing home providers say they are operating at a loss.
- 52 percent may not be able to continue operating for more than a year at the current pace.
Access to Care Crisis
- 54 percent of nursing home providers say they are having to limit new admissions due to staffing shortages.
- 465 nursing homes have closed over the course of the pandemic, displacing 18,071 residents.