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The Long Term Care Market: Nursing Homes, Home Care, Hospice Care, and Assisted Living

  • February 2014
  • -
  • Kalorama Information
  • -
  • 236 pages

Summary

Table of Contents

The advancing age of the population makes long-term care an important consideration for health marketers. This report, The Long Term Care Market: Nursing Homes, Home Care, Hospice Care, and Assisted Living, covers the most important segments of the long term care industry, each of which provide medical care and/or assistance with the activities of daily living (ADLs) on an ongoing basis:

Nursing care
Home care
Hospice care
Assisted living
For each of these critical markets, Kalorama provides a market size and forecast estimate.

Kalorama Information publishes its fifth edition of this detailed report on the long term care industry at a time of growth but also increasing concern, particularly about payments, for the long term care industry. The elderly must contribute a far greater amount towards care out of pocket than was once the case. The economy has challenged the business strategies of key players, while the recent healthcare legislation introduces changes that may affect revenues. Although a small segment of long term care users are younger individuals with various mental and physical disabilities, most persons using long term care services are senior citizens. This population will also drive industry growth over the forecast period. Therefore, this report will focus on the elderly as the primary customers of long term care services.

For each of the segments of long term care the report provides:

Market Size and Forecast
Number of Facilities/Providers and Growth Trends
Patient Statistics
Forms of Payment and Reimbursement Levels
Trends Affecting the Marketplace
Competitors and Competitive Analysis

Sales estimates for each market segment represent U.S. revenues and are expressed in current dollars. Estimates are provided for the historic 2005 to 2009 period and forecasts are provided through 2015. As part of the report's analysis of the state of the industry, the report covers the following issues and trends discussed in the report include:

Long Term Care Insurance
Technology Needs
ACA
State Quality Improvement Initiatives
Legal Actions
Safety
Aging of the Population
Marital and Living Arrangements
Geographic Concentrations
Certification and Accreditation
Fees and Payment
Cost of Coverage and Affordability
Staffing and Human Resources
Building of New Facilities

Historical information for this report was gathered from a wide variety of published sources including company reports and filings, government documents, legal filings, trade journals, newspapers and business press, analysts’ reports and other sources. Interviews with company representatives were conducted to capture the perspectives from industry participants’ point of view and assess trends, and form the basis of the forecasting and competitive analysis.

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