What inflation and a nursing shortage mean for long-term care
Long term care (LTC) in the US is in distress. Given that this suite of services will be needed by 70% of older Americans and represents 14% of overall medical spending, strains on our LTC systems are not sustainable. With an aging population that will need more care from a smaller pool of already short-staffed caregivers, we are already seeing the effects of the cracks in LTC.