2018 Home Care Market Report - HME Suppliers and Beneficiaries Agree, Competitive Bidding has Weakened the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 26, 2018--The “2018 Home Care Market Report” has been added to ResearchAndMarkets.com’s offering.
This report looks at the growing market for home care services, and analyzes the effect of reimbursement trends on industry performance.The market for home-based medical care was valued at $144 billion in 2017 HME suppliers and beneficiaries agree, Competitive Bidding has weakened the market Hospice providers admitted 300,000 patients each quarter beginning in Q1 2017
Key Topics Covered / Key Findings:Executive Summary Home Health Market Overview Home Health Providers’ Top Issues Include Staffing, Reimbursement, And Cost Control Top Home Health Providers Reported Expenses Reported Revenues For Top Five Home Health Providers Aging Population Drives Senior Housing Shortages Family Caregivers Face Work, Health, Resource Concerns Americans Expect HHAs To Provide Long-Term Care Home Health Visits Increased 263% From 2000 to 2016 Reported Admissions For Top Five Home Health Providers Two-Thirds Of Home Health Episodes Not Preceded By A Hospitalization Or PAC Stay Most Home Health Visits Are For Skilled Nursing, Therapy Staff Recruitment, Retention Continue To Challenge Home Health Providers Per-Case Costs Lower For Home Health Medicare Spending On Home Health Reaches $181 Billion In 2016 HHAs Most Dependent On Government Reimbursement HHA Medicare Margins Remain Unchanged In 2016 Medicare Advantage Patients Less Likely To Use PAC Services Medicare Advantage Allowed To Begin Paying For Non-Skilled Care Medicaid Spending On Long-Term Care Services $1185 Billion In FY 2016 Home Health Spend Per Medicaid Beneficiary Varies By State Leading ACO Uses Home Health To Create Savings Patient Home Delivery Home Health Agencies Highly Fragmented Home Health M&A Remains Steady In 2017 HHA Investment Expected To Increase, 2018 - 2020 HHAs Perform Well On Quality Measures Home Infusion Market Dominated By Four Players Medicare Comprises 88% Of Hospice Payer Mix Hospice Utilization On The Rise One-Quarter Of Hospice Users Are Cancer Patients HME Market Expected To Reach $532 Billion In 2018 Most HME Businesses Are Individually Owned, Single Location HME Suppliers Offer Variety Of Products HME Suppliers, Beneficiaries Agree: Competitive Bidding Has Weakened Market Medicare Reimbursements Less Likely To Cover Costs For Smaller Suppliers GHX Reports $472 Billion In Sales Through Distribution In 2017 GHX Reports Home Health Sales By Segment GHX Reports Top Home Health Product Category Sales Through Distribution
For more information about this report visit https://www.researchandmarkets.com/research/tfpktw/2018_home_care?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181126005480/en/
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Related Topics:Home Testing and Home Healthcare
INDUSTRY KEYWORD: HEALTH OTHER HEALTH GENERAL HEALTH
SOURCE: Research and Markets
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PUB: 11/26/2018 09:36 AM/DISC: 11/26/2018 09:36 AM