RICHMOND, Va. (AP) — Senior Brand Marketing Manager Gordon Saunders said a shortage of skilled workers helped explain some of the price increases.
The Richmond Times-Dispatch reports that a report shows the median annual cost of a private room in a nursing home went up nearly 7.7 percent to $102,200 from 2017 to 2018.
Costs for home health aides in Virginia also rose.
The survey was conducted by Genworth Financial. Senior Brand Marketing Manager Gordon Saunders said a shortage of skilled workers helped explain some of the price increases.
Not all costs went up. The median cost for assisted living facilities dropped 1.25 percent to $53,415.
Information from: Richmond Times-Dispatch, http://www.richmond.com
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