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Hospices & Palliative Care Centers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hospices & Palliative Care Centers Market Research Report | Life Sciences | Health Practitioners | Feb 2012

Taking care: An aging population will continually boost already strong revenue streams

IBISWorld’s Hospices & Palliative Care Centers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Vitas Healthcare Corporation Vitas Healthcare Corporation market share
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 07-12
9.8%
Annual Growth 12-17
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Profit
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Employment
218,059
Businesses
7,273
Industry Analysis & Industry Trends

Taking care

The Hospices and Palliative Care Centers industry has grown strongly over the past five years, and the out look period through 2017 should be no different. Rising reimbursement from Medicare and Medicaid coupled with an aging population has propelled strong growth. However, healthcare reform could lessen the amount of reimbursement from assistant programs, and will threaten industry profit and revenue.... purchase to read more

Industry Report - Industry Locations Chapter

Hospices are located throughout the United States, with denser concentration in more populated states. For example, 7.9% of hospice facilities are located in the nation's most populated state, California. The top five most populated states in the country (California, Texas, Illinois, New York and Florida) combine for 23.1% of facilities. Hospices also are located in states with higher Medicare acceptance rates and reimbursement levels. In 2010, more than 1.1 million Medicare beneficiaries sought hospice care. According to the National Hospice and Palliative Care Organization, about 1.6 million patients received hospice care in 2010... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hospices & Palliative Care Centers Industry?

This industry provides programs that offer symptom relief and pain management for patients with life-terminating illnesses. Hospice care applies to companies that administer care (in terms of comfort rather than cure) to patients with life-limiting illnesses or diseases. Non-hospice palliative care is provided to individuals with serious, complex illnesses, whether they are expected to recover fully; this segment is excluded from this industry.

Industry Products
Continuous home careGeneral inpatient careRoutine home careInpatient respite care
 
Industry Activities
Providing continuous home careProviding general inpatient careProviding routine home careProviding inpatient respite careProviding hospice and palliative care


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