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Cost of care for nursing home and long-term care in Virginia still rising, affected by COVID, annual survey shows


JOHN REID BLACKWELL
Richmond Times-Dispatch
The COVID-19 pandemic has exacerbated what were already steadily increasing costs for nursing home and at-home healthcare services, according to a recent survey.
The annual Cost of Care survey conducted by Henrico County-based Genworth Financial Inc. showed that the median cost for a private room in a nursing home in Virginia has increased about 7.4% this year to about $105,850. Nationally, costs also rose 3.6% to about the same amount.
The general trend over the 17 years that Genworth has conducted the survey has been steadily rising costs for various types of long-term care, as providers face growing expenses for labor, training and regulatory compliance. ....

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