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Home health is a nursing specialty in which nurses provide multidimensional [1] home care to patients of all ages. Home health care is a cost efficient way to deliver quality care in the convenience of the client's home. [ 2 ]
In regards to financial expenditure, home nursing care is more cost effective than inpatient nursing home care. [20] The quality aspect of home nursing was reviewed in a 2001 article in the Journal of Nursing Care Quality . [ 21 ]
The primary problem with these facilities today are their exorbitant cost (reported as average of $123,053 per person, likely institutions)compared to home and community-based Medicaid waiver services ($42,896 per person) which also far exceed the cost of nursing facilities (American Association of Retired Persons, 2012, p. 14).
For instance, the average cost of a private room in a nursing home in Hawaii is $14,113 per month. A similar room in Arkansas, however, costs an average of $6,692 per month, according to Genworth.
The average U.S. nursing home already has overall caregiver staffing of about 3.6 hours per resident per day, including RN staffing just above the half-hour mark, but the government said a ...
The average annual cost for assisted living was $48,612. Home health care, based on a 44 average week, cost $52,654 a year [57] Genworth 2019 Cost of Care Survey]. The average cost of a nursing home for one year is more than the typical family has saved for retirement in a 401(k) or an IRA. [58]
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