June 17, 2021

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SHN+ Report: The Home Care Opportunity: Big Risks, Big Rewards for Senior Living Providers – Senior Housing News

As a Outcome of The kid boomer period ages Inside The approaching yrs, demand For private-pay senior.......

As a Outcome of The kid boomer period ages Inside The approaching yrs, demand For private-pay senior dwelling Is predicted to soar—however so too is demand for at-house care.

Recognizing this, many unbiased dwelling and assisted dwelling corporations are taking A greater look than ever earlier than On The prospect and risks in growing their providers To incorporate private-pay private care in people’s houses. Some see super upside, as this An factor of the care continuum might Discover your self to be a $25 billion market within three yrs.

These bullish suppliers have recently launched house care divisions, or are think abouting doing so Inside the shut to future. They’re concentrating on revenue margins as extreme as 15% or greater For his or her house care divisions, and think about that by offering house care, They will create new referral streams For his or her senior dwelling communities and obtain staffing synergies to alleviate acute and rising workforce challenges.

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