The skilled nursing industry lost 1,300 jobs in October and 1,700 jobs in November after the new Patient Driven Payment Model was started on October 1, 2019. Despite the overall healthcare sector seeing significant growth according to the latest employment figures released by the Bureau of Labor Statistics, somehow nursing homes cut staffing.
The lack of hiring at nursing homes is being impacted by the new Patient Driven Payment Model. There have been numerous reports of full-time therapist ranks being thinned out, for example. However, long-term care operators are currently complaining about workforce shortage. Last week, industry lobbyist LeadingAge formally announced an initiative that aims to increase the number of foreign-born aging service workers to help ease caregiver shortages.