Nursing Homes Hidden Expenses

Although all experts agree that the primary cost faced by nursing homes is labor, studies and articles often fail to obtain the full picture of the expenses that many facilities face. This is the financial drain that flows through many facilities right to the owners. In many facilities, profit is hidden in extraordinarily high rent being paid to real estate investment trusts (REIT’s), excessive management fees and other costs – all to the same people who own the nursing home. This has been reported by the New York Times and is currently being investigated by congress.

Here is an article about the highest nursing home costs in the United States.