Nurses for Nursing Homes Initiative
Article Publication Date
Summary
The Centers for Medicare & Medicaid Services (CMS) recently announced the launch of a new initiative to recruit and retain nurses in nursing homes.
Nursing students and licensed nurses interested in working in a nursing home may now qualify for up to $40,000 in student loan repayment and/or a $10,000 stipend in exchange for a three-year commitment to serve in a qualifying nursing home in a rural or higher labor-shortage area. The initiative is expected to support more than 4,000 nurses nationwide.
Funded through civil monetary penalties collected by CMS and states from nursing homes, the Nurses for Nursing Homes initiative directs resources to licensed nurses and nursing students who provide hands-on care to nursing home residents.
Nursing students and licensed nurses interested in working in a nursing home may now qualify for up to $40,000 in student loan repayment and/or a $10,000 stipend in exchange for a three-year commitment to serve in a qualifying nursing home in a rural or higher labor-shortage area. The initiative is expected to support more than 4,000 nurses nationwide.
Funded through civil monetary penalties collected by CMS and states from nursing homes, the Nurses for Nursing Homes initiative directs resources to licensed nurses and nursing students who provide hands-on care to nursing home residents.