WEBVTT


00:00:00:270 --> 00.00:03:571
Home Health Care Industry Overview

00:00:03:960 --> 00.00:07:592
Home health care is a dynamic industry

00:00:07:871 --> 00.00:11:591
And it continues to shift and expand

00:00:12:581 --> 00.00:16:729
By 2050, the U.S. Census Bureau estimates there will be nearly 84 million Americans 65 and older

00:00:17:578 --> 00.00:22:342
By 2050, the number of those 85 and older is expected to reach 18 million – jumping from the estimated 5.9 million in 2020

00:00:22:571 --> 00.00:27:739
9 in 10 seniors want to stay in their homes as long as they can, according to the AARP.

00:00:28:787 --> 00.00:32:965
15% of U.S. adults act as unpaid caregivers to adult relatives, according to Pew Research Center

00:00:34:158 --> 00.00:37:410
Rarely do family caregivers have the expertise to fully manage their loved one’s needs

00:00:37:939 --> 00.00:41:658
As a result, an increasing number of families and health care institutions 

00:00:42:210 --> 00.00:45:631
are seeking out home health care agencies 

00:00:46:059 --> 00.00:49:810
to help people manage these diseases outside of a hospital setting

00:00:50:469 --> 00.00:54:385
and in an aging loved one’s home

00:00:54:548 --> 00.00:59:018
The continuum of care they can choose from includes:

00:00:59:451 --> 00.01:04:312
Companion Care
Home visits
Assisting with communication
Engaging in stimulating activities
Schedule assistance
Respite and family relief

00:01:05:819 --> 00.01:09:661
Personal Care
Assisting with movement in and out of the home
Bathing, dressing, grooming, toileting and oral hygiene
Meal prep and feeding

00:01:10:361 --> 00.01:13:810
Expertise with memory loss, confusion, forgetfulness
Personal safety home evaluation
Outpatient pre and post-op assistance

00:01:14:189 --> 00.01:17:218
Skilled Nursing Care
Assistance with medical machinery
IV drug therapy, blood draws and injections
Wound care

00:01:17:968 --> 00.01:21:178
Physical therapy, occupational therapy and speech therapy
Medication management
Rehabilitation
Hospice assistance

00:01:21:627 --> 00.01:26:635
Today, there are 31,000 home health care establishments in the U.S.

00:01:27:205 --> 00.01:31:043
They generate an annual revenue of $78 billion

00:01:31:561 --> 00.01:34:889
As U.S. population continues to age, live longer and deal with chronic conditions

00:01:35:678 --> 00.01:40:788
Agencies that offer all types of care are at a competitive advantage

00:01:41:139 --> 00.01:46:217
Learn more about the opportunity to join an award-winning home health care brand

00:01:46:825 --> 00.01:49:791
Visit https://franchise.brightstarcare.com/

00:01:49:809 --> 00.01:54:589
Sources:
1. https://www.census.gov/prod/2014pubs/p25-1140.pdf
2. http://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. https://www.cdc.gov/chronicdisease/resources/infographic/chronic-diseases.htm
5. http://www.sbdcnet.org/small-business-research-reports/home-health-care-services-business-2018