Silver Book Fact

In 2011, the median annual rate for a private nursing home was $77,745—compared to $60,225 in 2005.

Genworth Financial. Genworth 2011 Cost of Care Survey: Home care providers, adulty day health care facilities, assisted living facilities and nursing homes. Genworth Financial; April 2011. http://www.genworth.com/content/etc/medialib/genworth_v2/pdf/ltc_cost_of_care.Par.14625.File.dat/2010_Cost_of_Care_Survey_Full_Report.pdf

Reference

Title
Genworth 2011 Cost of Care Survey: Home care providers, adulty day health care facilities, assisted living facilities and nursing homes
Publisher
Genworth Financial
Publication Date
April 2011
Authors
Genworth Financial
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • National Health Expenditures and Their Share of Gross Domestic Product, 1960-2006  
  • Freestanding home health care spending continued to grow in 2005, increasing 11.1%, which was the 3rd straight year of double-digit growth. Home health care spending was the fastest growing health…  
  • Between 2000 and 2030, the number of Americans with 1 or more chronic conditions will increase by 37%–46 million people.  
  • Two-Thirds of Medicare Spending is For Beneficiaries with Five or More Chronic Conditions  
  • In 2030 there will be a 42% increase in cases of chronic diseases– 230.7 million people.