Rising costs squeeze employees, put facilities ‘years behind’: 2022 McKnight’s Mood of the Market

Nursing home administrators say inflation has most affected costs for nurses and other labor over the last year, but higher charges are also forcing many to close wings, restrict admissions and put off needed construction and renovation projects.
Those are among the findings of the 2022 McKnight's Mood of the Market survey, which asked nearly 750 administrators, directors or nursing and other nurse leaders about job satisfaction and operating conditions.
Asked what five expenses had been hardest by inflation over the last year, respondents' most common answers were nursing (90%), other staffing or labor (84%), food and dining services (75%), PPE (65%) and infection control products (56%).
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