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Home Health Salaries, Turnover Rates Rise in 2018

Posted on Saturday, December 8, 2018 2:02 AM

According to the latest Home Care Salary & Benefits report from Hospital & Healthcare Compensation Service, salaries saw a small increase in 2018 from 2017.

“From 2017 to 2018, the average salary for executive directors and CEOs rose 3.16% to $207,487, according to the report. Salaries for chief operating officers and program directors climbed 4.28% on a year-over-year basis to $160,519, while salaries for top-level financial executives increased by 2.69% to $148,364.”

In regards to turnover rates, home care aides saw the highest rate in 2018 at 24.49%.  The national overall turnover in all home health employees was 21.23%, an increase of 2% from 2017.

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Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!

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