Share To:

Home Health Care Industry Overview

Home Care

Home health care is a dynamic industry, and it continues to shift and expand.

By 2050, the U.S. Census Bureau estimates there will be nearly 84 million Americans 65 and older.[1] The number of those 85 and older is expected to reach 18 million – jumping from 5.9 million in 2020

In large part, these individuals want to age in place. Nine in 10 seniors want to stay in their homes as long as they can, according to the AARP.

However, there are challenges that aging Americans face in getting support. Just 15% of U.S. adults provide unpaid adult care, according to Pew Research Center.[2] On average, these caregivers spend 1 hour and 20 minutes per day providing unpaid care, which doesn’t include hours spent on other activities, including housework and errands.

They tend to get less sleep than non-caregivers and devote significant money out of pocket to caring for another adult.[3] Rarely do family caregivers have the expertise to fully manage their loved one’s needs.

As a result, an increasing number of families and health care institutions are seeking out home health care agencies to help people manage these diseases outside of a hospital setting and in an aging loved one’s home.

The continuum of care they can choose from includes:

Companion Care

  • Home visits
  • Assisting with communication
  • Engaging in stimulating activities
  • Schedule assistance
  • Respite and family relief

Personal Care

  • Assisting with movement in and out of the home
  • Bathing, dressing, grooming, toileting and oral hygiene
  • Meal prep and feeding
  • Expertise with memory loss, confusion, forgetfulness
  • Personal safety home evaluation
  • Outpatient pre and post-op assistance

Skilled Nursing Care

  • Assistance with medical machinery
  • IV drug therapy, blood draws and injections
  • Wound care
  • Physical therapy, occupational therapy and speech therapy
  • Medication management
  • Rehabilitation
  • Hospice assistance

Today, there are 31,000 home health care establishments in the U.S. Combined, they generate an annual revenue of $78 billion.[4]

But home health care agencies aren’t homogenous. Some businesses offer the full continuum of care

While others offer solely personal or companion care. As the U.S. population continues to age, live longer and deal with chronic conditions, agencies that offer all types of care are at a competitive advantage.

Learn more about the opportunity to join an award-winning home health care brand. Download the BrightStar Care franchise report today.

[1] https://www.census.gov/prod/2014pubs/p25-1140.pdf

[2] https://www.pewresearch.org/fact-tank/2018/11/08/adult-caregiving-often-seen-as-very-meaningful-by-those-who-do-it/

[3] https://www.aarp.org/caregiving/financial-legal/info-2017/out-of-pocket-cost-report.html

[4] http://www.sbdcnet.org/small-business-research-reports/home-health-care-services-business

Related Posts
  • The Evolution of Home Health Care: How BrightStar Care Franchises Provide for a Growing Senior Population

    The aging population is growing every year as people continue to live longer. As that population grows, the demand for senior care ...

  • Why Now Is The Time To Become A BrightStar Care® Franchisee

    If there is one industry that will always be in demand, it’s health care. Even as businesses worldwide closed their doors during ...

  • What Do Consumers Think of Home Health Care?

    It’s no secret that home health care is on the rise, at least in part due to the aging baby boomer generation[i]. Home care is one ...

Ready to Become a BrightStar Franchisee?

Contact Us Today!

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please enter your zip code.
  • Please make a selection.
  • *Required Fields
    • Please make sure you agree to receiving information from us.

Ready to Become a BrightStar Franchisee?

Contact Us Today!

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please enter your zip code.
  • Please make a selection.
  • *Required Fields
    • Please make sure you agree to receiving information from us.
Contact 5