The nursing home industry faces a financial crisis due to overwhelming pandemic-related costs. More than 65 percent say they will be forced to close within the year. The care of thousands of older Americans, many of whom are women, could be jeopardized.https://19thnews.org/2021/01/nursing-homes-pandemic-financial-crisi/?utm_campaign=19th-social&utm_content=the_nursing_home_industry&utm_medium=social&utm_source=twitter …
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About 90 percent of nursing homes are also operating at a loss or less than a 3 percent profit margin, according to a recent survey conducted by the American Health Care Association and the National Center for Assisted Living.https://bit.ly/2MuQ8jI
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Lisa Sanders, a spokesperson for
@LeadingAge, an association of health care providers dedicated to older adults, said the country’s aging services industry was not equipped to combat the virus. https://bit.ly/2MuQ8jI pic.twitter.com/gQ0Ox9zmdk
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Last March, lawmakers passed the CARES Act, which distributed tens of billions of dollars in federal aid to help nursing homes and other health care providers. That relief money never covered the full cost of care during the pandemic, Sanders said, and the costs continue.
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Many nursing homes across the country — including in California, Indiana, Connecticut, Massachusetts, Colorado, Kansas, Michigan, Nebraska, New Hampshire, New York and Rhode Island — have already permanently closed their doors in recent months.https://bit.ly/2MuQ8jI
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As nursing homes close, family caregivers — overwhelmingly women — will likely feel the additional strain. Almost 42 million Americans, or 16 percent of all adults, serve as caregivers for relatives 50 and over.https://bit.ly/2MuQ8jI
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According to data compiled by
@AARP, most of the people doing this unpaid, labor-intensive work are women, and, on average, they are just shy of 50 themselves. Many have jobs outside the home, or are also primary parents for young children.https://bit.ly/2MuQ8jIShow this thread -
“We don’t tend to think about long-term care until we need it,” Sanders said. “Long-term care has traditionally not gotten the ... recognition it deserves for its vital role in the health care system. I hope that as a result of the pandemic, that changes.”https://bit.ly/2MuQ8jI
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So
@PeteButtigieg had a plan where people would sign up to be paid community service members. Part of the plan would be to wipe out student loans. Considering Boomers are not getting younger, maybe the@WhiteHouse should look into this idea. - End of conversation
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And you have to understand that the reason why it blew up in Washington state was because there wasn’t enough nurse care to go around so most of the nurses that were infected with coronavirus went from one facility to another facility to another facility infecting others
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