Home Care, Assisted Living Boosted by U.S. Life Expectancy Increase SOURCE: Kalorama Information NEW YORK, NY–(Marketwire – April 15, 2011) – With the life expectancy of Americans now over 78 years, demand for long term care facilities is strong and future prospects continue to look positive for services such as assisted living, nursing homes and [...]
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Home Care West Palm Beach FL: Home Care, Assisted Living Boosted by U.S. Life Expectancy Increase
Posted on 06 May 2011.
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Nursing Home Costs Rising Faster than Costs of Home Care in Palm Beach, FL
Posted on 24 December 2010.
Over the past five years, the median annual rate of a private room in a nursing home rose from $60,225 in 2005 to $75,190 in 2010. That represents a compound annual growth rate of 4.5%, according to the report, which was released Tuesday. In contrast, the compound annual growth rate for home health aides was 1.7% during that same period. A home health aide was making roughly $17.50 per hour in 2005, and makes about $19 per hour today, according to the report.
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