There’s a reason why Nursing homes can charge less. Do you know the patients to nurse ratio in a nursing home vs a hospital? I can tell you it’s drastically different and that would be one of the major contributor to the price differences.
Actually, it is close to the same between nursing home and hospital in terms of nurse/patient ratios. Nursing homes have a higher ratio of elderly patients than hospitals. Even at 2x ratio, it is not enough of a difference. To weigh out the difference, you’ll need ($90,000 – $3,500)/($80,000/12) = 12.975 nurses per patient, full time dedicated to one patient only.. doesn’t work. I initially thought the same as you until I had to deal with both of my parent’s issues (Dad was in nursing home, Mother had to go to hospital for spinal stenosis).
Also remember that hospitals microbill you for every nit..
