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Wages for hospiceaides and CNAs are rising faster than those for other interdisciplinary team members as providers seek to stem rampant turnover among those employees. Medicaldirectors saw the lowest rate of increase at 0.6% Only LPNs and LVNs had higher rates, reaching 31.52% turnover and 25.12% for vacancies.
A significant factor in the anticipated hospital spending increase is rising labor costs, which have also been afflicting hospices and other providers in the continuum. Medicaldirectors saw the lowest rate of increase at 0.6%. Nationally, registered nurses saw average salary increases of 5.95% in 2022.
HopeHealth has been growing its pediatric hospice and supportive care service lines in recent years to address a range of unmet needs among seriously ill children and their families. HopeHealth provides homecare, hospice, palliative and dementia care, as well as caregiver and grief support services.
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