Chicago, Illinois (PRWEB) March 17, 2016
The March 2016 Caregiverlist® Index reports the average annual cost for a nursing home in New Jersey is $110,115.03. The Caregiverlist® Nursing Home Index reports the updated costs and ratings for nursing homes in the state of New Jersey to help seniors and their families plan for their long-term care needs.
Seniors in the Garden State can see the most recent ratings and costs of nursing homes in their area by using the interactive Caregiverlist® Nursing Home Directory. Of the 376 total New Jersey nursing homes, the vast majority (318) receive a Caregiverlist® Nursing Home Rating of 3 or 4 out of 5 stars. While 8 of the nursing homes earned 1 star, . New nursing homes also receive only a 1 star until they have had a chance to be rated. The average star rating for nursing homes in New Jersey is just above the median, at 2.8 stars.
New Jersey nursing home costs are among the top ten in the nation. Older New Jerseyans planning ahead for senior care should first understand the daily costs of nursing homes in their area and review the most important factors that contribute to quality of care. This month’s update of the New Jersey's Caregiverlist® Index indicates that the average cost of a nursing home in New Jersey is $301.68 per day, or about $9,176.25 per month.
March 2016, National Averages Weighting for Rating
2 hours, 28 minutes: C.N.A. Hours per Resident per Day: 40%
15.7%: Long-stay Residents with Increasing Activities of Daily Living Needs: 20%
1.0% Short-term Residents with Pressure Sores (Bed Sores): 20%
Overall Medicare Star-Rating Score: 20%
Caregiverlist® New Jersey Nursing Home Rating and Cost Index
Total Number of Nursing Homes: 376
Average Cost Varies by Region
Average Cost of Private Room for New Jersey: $312.40
Average Cost of Shared Room for New Jersey: $290.97
Average Star-Rating: 2.8
New Jersey Nursing Home Star-Rating Results
The Caregiverlist® rating combines 4 criteria to calculate an overall star-rating with a 5-star rating as the highest and a 1-star rating as the lowest score, as rated against the results for the total number of nursing homes.
Senior care costs are always a factor when choosing the right senior care option. Medicare does not pay for long-term care but does pay for short-term stays in a nursing home, usually as post-hospital stay rehabilitation. Medicare will usually only up to 100 days of nursing home care, after which seniors must private pay. If around-the-clock care is not needed, many seniors choose to investigate senior home care or assisted living options.
Low-income seniors in New Jersey may qualify for Medicaid, with the financial qualification of no more than $2,000 in assets for individuals and a $3,000 limit for couples. Visit the Caregiverlist® New Jersey Medicaid Eligibility Requirements page for for more information.
The Caregiverlist® Index calculates a custom rating based on the most important criteria for quality, but acknowledge the ratings for nursing homes are only a starting point. Seniors should review the ratings and costs of nursing homes in their area and then call and visit the nursing homes which meet their budget constraints.
Caregiverlist.com® is the premier service connecting seniors and professional caregivers with the most reliable senior care options, highest quality ratings and outstanding careers nationwide. Founded by senior care professionals, Caregiverlist® delivers the efficiencies of the internet to senior care companies by providing online job applications, caregiver training, background checks and industry news. Seniors and caregivers can access senior service information “by state,” view nursing home costs and star-ratings and learn about all senior care options and quality standards. For more information, please visit http://www.caregiverlist.com.