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Home Health & Hospice Week

Care Planning:

Caregivers' Economic Woes Could Affect Your Patients

Published on Wed Jun 24, 2009

More nursing home stays could lie ahead. When formulating care plans for your patients, you may want to take changes in caregiving status into account. While family caregivers often provide their services without monetary compensation, the care they provide is still affected by economic forces, a recent study finds. The Evercare Survey of The Economic Downturn and Its Impact on Family Caregiving found that family caregivers see a decline in both the care their loved ones receive and the care they are able to provide due to the current economic downturn. There are 44 million family caregivers in the U.S. caring for older adults with chronic illness and disabilities, according to an Evercare press release. The combined economic value of the care they provide is $375 billion annually. But Evercare found that almost 20 percent of caregivers surveyed reported a decline in the quality of care their loved ones receive [...]
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