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Prior to 2013, the Hospices and Palliative Care Centers industry grew rapidly for more than a decade, aided by government funding, an aging US population, rising healthcare costs and a general shift toward at-home end-of-life care. The industry continued growing straight through the economic downturn as relevant funding and the number of facilities offering hospice and palliative services grew. However, government funding for industry services has come under intense scrutiny in recent years. Hospice and home healthcare organizations are aggressively lobbying Congress to reconsider or revoke these reductions. Evolution By Bergstrom And Dugatkin Pdf Viewer. Sources of industry demand will likely continue to escalate as the population ages and the popularity of home healthcare grows. Industry Report - Industry SWOT Analysis Chapter The Hospice and Palliative Care Centers industry is in a growth life cycle stage. Over the 10 years to 2022, industry value added, or the industry's contribution to the US economy, is expected to grow at an annualized rate of 3.9%.

This is much faster than the projected annualized growth for US GDP during the same period (2.0%). IVA growing faster than GDP is typically indicative of a growing industry. Despite expected cuts to reimbursement rates, the industry is expected to endure these cuts, and continue growing.The demand base for hospice care is projected to escalate rapidly over the coming years. An estimated 83.9% of patients in hospice and palliative care centers are over the age of 65. This demographic is expected to expand by an annualized 3.3% o. Executive Summary Key External Drivers • Federal funding for Medicare and Medicaid • Number of adults aged 65 and older • Number of people with private health insurance • Per capita disposable income Current Performance • Hospice and Medicare • Growing demand • Chart: Revenue Growth Industry Outlook • Demand stays strong • Funding woes • Table: Hospices & Palliative Care Centers Industry Revenue Outlook Industry Life Cycle • Life cycle reasons • Chart: Benchmarking - Hospices & Palliative Care Centers Industry Lifecycle vs The Economy.

This report on Hospices & Palliative Care Centers: • Provides Market Size information to assist with planning and strategic decisions. Intel Ce9500 Driver Download more. • Includes the necessary information to perform SWOT, PEST and STEER analysis. • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain. • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.