2018 Home Care Market Report – HME Suppliers and Beneficiaries Agree, Competitive Bidding has Weakened the Market – ResearchAndMarkets.com
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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