47% of nursing home residents at risk of displacement: 3 notes 

About 47 percent of nursing home residents are at risk of displacement because of facilities suffering from financial hardship, a May 25 report conducted by Clifton Larson Allen found. 

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The “State of the Skilled Nursing Facility Industry” report surveyed over 330 facilities across 24 states with the American Health Care Association. 

Three key findings: 

  • General inflation for nursing homes increased to 8.5 percent between March 2021 and March 2022. 
  • All nurses’ hourly wages increased by 28 percent to 34 percent from 2020 to 2022. 
  • Around 20.4 percent of nursing homes considered financially at-risk tend to reside in counties serving a higher percentage of racial and ethnic minority populations compared to nursing homes in counties not at financial risk, 13.7 percent. 

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