As the baby boomer population reaches the age of 65, the senior population is projected to reach roughly 83 million, almost double the estimate number in 2012 and approximately 20% of the total U.S. population. Senior home health is industries will continue to grow rapidly with the number of older Americans needing care as the life expectancy continues to improve. Because the majority of revenue for the industry comes from Medicare, Medicaid and private insurance, all of which set prices in the industry competition between providers is not on the cost, however it is on the reputation, name recognition, quality of care, word of mouth and referrals from medical professionals. With a rapidly growing senior population, there is no better time to be a part of the growing senior care industry.
|Commitee:||Nguyen, Hannah-Hanh, O'Lawrence, Henry|
|School:||California State University, Long Beach|
|Department:||Health Care Administration|
|School Location:||United States -- California|
|Source:||MAI 56/01M(E), Masters Abstracts International|
|Subjects:||Business administration, Health care management|
|Keywords:||Baby boomers, Senior care industry, Senior home health|
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