POSTED ON MONDAY, June 22, 2020
As we have covered many times, the home health care industry struggles with significant caregiver turnover rates attributed to agencies offering low pay, weak benefits and few training opportunities.
“Home care owners knew they had this tsunami coming toward them and that they needed to [take steps] to mitigate the challenges of caregiver turnover,” Home Care Pulse CEO Erik Madsen said. “About three years ago, that started to happen. As a result, we’re starting to see a flattening of the curve with turnover”
In 2018 the industry saw its highest ever turnover rate of 82%. Last year, it saw it greatest drop last year, and this trend is expected to continue.
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