Industry Analysis & Industry Trends
Although the recession negatively affected industry revenue and wages, rehabilitation clinics have largely recovered, despite a slight dip in 2012 resulting from a drop in federal funding of Medicare and Medicaid, due to a rise in premiums. Moreover, the improving economic environment is forecast to boost revenue for the Drug and Alcohol Rehabilitation Clinics industry during the five years to 2020. The Patient Protection and Affordable Care Act (PPACA) of 2010 is expanding private and government coverage of industry services, thereby bolstering demand. In turn, companies will continue to enter the industry due to an increasing focus on outpatient services, which are less costly than inpatient care and more desirable among insurance providers, supporting revenue growth.... purchase to read more
Industry Report - Industry Analysis Chapter
The Drug and Alcohol Rehabilitation Clinics industry seeks to treat chemical dependencies, also known as addictions, on an outpatient basis. According to rehabilitation practitioners, addicts typically have low self-esteem, poor coping and social skills and come from abusive, chemically dependent or dysfunctional families. Many treatments rehabilitation clinics seek to educate addicts about their biochemical reactions to the toxins that cause their loss of personal control. Although there is no known cure for addiction and the tendency to relapse is always present, it can be held in remission through lifestyle changes and ongoing therapy.
Rehabilitation clinics have largely recovered from the lingering effects of the recession that kept industry revenue low in 2010 and 2011... purchase to read more