Home Healthcare Services

Home Healthcare Services

Overview

The 23,000 home healthcare service firms in the US offer skilled nursing and other types of health-related services in the home. Major service categories include traditional home healthcare services (with or without rehabilitative services), home hospice care, home nursing care, homemaker and personal care, home infusion therapy, and the rental or lease of goods and/or equipment. Companies may specialize in a particular service, such as respiratory therapy or hospice care.

Dependence On Third Party Payers

Home healthcare services providers are dependent on third party payers, including Medicare, Medicaid, private insurance companies, and managed care organizations, as sources of revenue.

Favorable Demographic Trends

Because healthcare needs increase with age, the swell in the older adult population is creating a wave of demand for healthcare and associated home-based services.