Evangelical Lutheran Good Samaritan Society, the nation’s largest nonprofit provider of skilled nursing beds, plans to exit 15 states and reduce its patient and resident count by roughly 30% as it consolidates services to the Midwest.
The nursing home market size in the US currently stands at $148.4 billion. The industry employs over 1.5 million people. The average age of residents at US nursing homes is 86 years.
Faced with unprecedented competition for registered nurses, skilled nursing providers are pulling out all the stops to recruit, up-train and retain what is arguably the most important clinical worker in any nursing home: the director of nursing services.