Home Health Care Trends

Growing your Home Care Agency in 2022

Growing your Home Care Agency in 2022

2020 and 2021 have been challenging years for home care agencies across the United States. The devastating impact of 2020’s COVID-19 lockdown meant that home care agencies faced a problem they had not experienced ever before. On one side, more patients prefer receiving care at home , on the other side, there are staffing challenges of finding the caregivers to help them cope up with the demand.

Overview of the Home Care Industry – A Ready Reckoner

As the country ages, the Home Care Industry is poised to grow. The US home healthcare market is projected to grow about 7% annually from $103 billion in 2018 to $173 billion by 2026 — outpacing growth in all other care types, including hospital care (+5.3% annually) and physician services (+5.6% annually). The industry has also come into a lot of focus during the COVID-19 crisis as well.

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