Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.
The home healthcare market is growing. Grand View Research estimates that this market will reach $517.23 billion by 2028, a CAGR of 7.8 percent. There are several factors driving this growth. One is the shift to value-based care, which puts the focus on preventive care and improving patient outcomes by managing care through coordinated teams. The increasing size of the aging population is another contributor to growth. Technology is also a huge factor driving the home healthcare market. Mobile software and hardware solutions are now available that make it possible to provide many types of healthcare at home, while ensuring safety and overall better experiences for patients.
Global Home Healthcare Services Market 2018 – Amedisys, Almost Family, Kindred Healthcare, Koninklijke Philips, CVS Health
The complete research assessment of Global Home Healthcare Services Market provides granular analysis of industry’s new upgrades, censorious trends, current market pilots, challenges, and standardization and technical domain. This market research report covers the present scenario and the growth prospects of the Home Healthcare Services industry. The report enlists several important factors, starting from the basics to advanced Market intelligence which play a crucial part in strategizing. As per the new report, The Home Healthcare Services market size to maintain the average annual growth rate of 5.83% from $275 million in 2014 to $326 million in 2017, Research analysts believe that in the next few years, Home Healthcare Services market size will be further expanded, we expect that by 2022, The market size of the Home Healthcare Services will reach $431 million.
The growth of its hospice segment during the third quarter of 2018 was a bright spot for Brookdale Senior Living (NYSE: BKD), the largest owner and operator of senior living communities throughout the United States. The same can’t be said for the Brentwood, Tennessee-based company’s home health business, which continues to lag behind expectations. Brookdale leadership discussed the up-and-down nature of its hospice and home health segments during a Tuesday conference call with investors. “Our hospice business continues to grow strongly,” Executive Vice President and CFO Steven Swain said during the call.
In its annual listing of "Best Nursing Homes," U.S. News & World Report has named 33 Brookdale skilled nursing communities to its list this year. Approximately 50 percent of Brookdale skilled nursing communities across the country were named to the list.