Home health care providers are accessing latest technologies to
improve care while lowering costs. This include wearable technologies used in
combination with GPS to afford a patient more mobility and provide the
caregiver constant information on the patient’s condition. Virtual assistant
devices are integrated to allow the patients to perform routine tasks with live
streaming video chats. St. Jude Medical Inc. announced results in 2015, showing
that patients with cardiac devices who use remote medical monitoring required
fewer hospitalizations and lower medical costs compared with patients who did
not have this technology at home.
THE BUSINESS RESEARCH COMPANY VALUED
THE GLOBAL HOME HEALTH CARE PROVIDERS MARKET AT $374 BILLION
IN 2017.
North America was the largest geographic region in home health care
providers market in 2017, accounting for two-fifth of the market. The USA was
the largest country accounting for one-third of the global home health care
providers market.
Read report: https://www.thebusinessresearchcompany.com/report/home-health-care-providers-global-market-report-2018
According to The Business
Research Company’s Consultant, Nitin Gianchandani, Integrated care offers a
wide variety of medical care at various levels of intensity including
transitional hospital care, short-term rehabilitation, home health, hospice,
palliative care and personal home care assistance, allowing the health care
companies to provide services to patients in a range of settings. One of the
major home health service provider Kindred Healthcare is integrated services
which are being adopted by patients.
Apria was the biggest player in
the home health care market with revenues of $2.4 billion in 2016. Apria’s
growth strategy aims at providing home respiratory services and certain
medical equipment including oxygen therapy, inhalation therapies, sleep apnea
treatment, enteral home nutrition and negative pressure wound therapy.
Home health care providers offer services to adults, seniors, and
pediatric clients who are recovering after a hospital or facility stay or need
additional support to stay at home. Home health care is usually less expensive,
more convenient, and provide services like skilled nursing facilities in
hospital. These services include feeding, health aid services, personal care,
physical Therapy and other basic assistance services.
The
Home Health Care Providers Global Market Report 2018 is a detailed report
giving a unique insight into this market. The report is priced at $4000 for an
individual user. To use across your office, the price is $6000 and $8000 if you
wish to use across a multinational company.
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