|
|
 |
|
Viewing report
|
|
|
|
Nursing Homes & Long-Term Care Facilities
First Research, March 2012, Pages: 10
First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the heavy lifting' by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues.'
Executive Summary
Brief Excerpt from Industry Overview Chapter:
The US nursing homes and long-term care facilities industry includes about 75,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of nearly $200 billion. Major companies include Manor Care, Sunrise Senior Living, Kindred Healthcare, Golden Horizons (owned by GGNSC Holdings), and SunBridge Healthcare (subsidiary of Sun Healthcare Group). The industry is fragmented: the 50 largest companies account for about 20 percent of revenue.
Internationally, demand for nursing homes and assisted living services is growing along with the aging population. While the number of nursing facilities varies by country, a growing number of countries - particularly those with some form of national health insurance - are experiencing an increase in demand for long-term care options for their aging and infirm citizens.
COMPETITIVE LANDSCAPE
Demand for nursing care is linked to the demographics of the US population. The profitability of individual nursing facilities depends on efficient operations, as revenue per patient is largely controlled by the big government insurance programs, Medicare, and Medicaid. Large companies have some economies of scale in administration and purchasing, but small operators can compete effectively by offering better service. The industry is labor-intensive: annual revenue per worker is about $58,000.
PRODUCTS, OPERATIONS & TECHNOLOGY
The industry includes skilled nursing facilities for recovery from acute or chronic medical conditions (more than 60 percent of revenues), mental health and substance abuse facilities (about 9 percent of revenues), and various types of independent living, community care,...
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
Home Health Care Services - Global Outlook
China Aged Care Service Industry Report, 2011-2012
China Aged Care Service Industry Report, 2011-2012
Healthcare Services - Global Outlook
Home Health Care Services
Long Term Care and Nursing Home Information Systems Market Shares, Strategies, and Forecasts, Worldwide, 2010 to 2016
Health Care Sector
Care Homes Market Report 2011
Tele-Health Monitoring: Market Shares, Strategies, and Forecasts, Worldwide, 2011 to 2017
Looking at Senior Long Term Care - Where will the Market Go?
|
|
|
|
