Long-term care providers should continue to pursue in-house and self-generated nurse training programs, even though new study results indicate outside formal nurse education revenues may soar by more than 60% over the next five years, experts said Monday.
By 2030, nursing education is expected to grow more than 11% annually to reach $14 billion in revenue, up from $8.5 billion this year, a new report by Validated Insights said.
The Good Samaritan Society says in-house training has been a game changer.
“To help address these challenges, we invest in training programs to attract, develop and grow our workforce,” explained DeeAndra Sandgren, chief nursing officer at Good Samaritan Society, on Monday. “We have proactive strategies in place to ensure we have the positions we need to continue to provide care as close to home by investing in growing our own frontline nurses. For example, our CNA program pays caregivers to prepare for and obtain their CNA license. We often see students participate who later enroll in nursing school and then return to long-term care to work as a nurse.”
Read more from McKnight's Long-Term Care News
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