It’s a worst case scenario with a bunch declaring early retirement, even more changing professions due to COVID trauma, and lack of proper pipelines of staff.

It is combined with a worst case scenario, but it is compounded by the fact that a parent or young person is going to look at Mar 2020 and decide to not go into nursing because all they got was a sign saying they were heroes in exchange for working with an infectious disease, while many others got to sit at home on their computers.

The situation for nursing homes is even worse than hospitals and nurses. It actually terrified me, even pre pandemic, to think about the level of care I would get if I had to be in an assisted living facility being taken care of by someone earning $12 per hour also taking care of 19 other people. I would rather opt for suicide.

People simply do not exist right now. It's very tough.

>Nurse to patient ratios have been getting smaller and smaller for many years now. It is a common topic in medical forums.

Again...this doesn't matter right now because the supply of nurses is just nonexistent.

"Market rate" is what clears the market - no extra supply or demand.

If you have vacancies at your asking price, you are below the market rate.

Also, if you offered 20-30x, the people would exist (for your facility). And if you offer 2-3x market rate and cannot attract people, then not only is x not the market rate, but 2-3x is not either.

Our best shot is targeting nursing school/other technical school grads, but that still doesn't help fill senior roles.