The average annual price of a private U.S. nursing home room has increased to $76,460 this year, up 2% from the 2007 average.
Researchers at Genworth Financial Inc., Richmond, Va., have published that finding in a summary of results from their latest survey of nursing homes, assisted living facilities, home care providers and, for the first time, adult day care providers.
A total of about 10,000 providers participated.