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A Growing Industry
The U.S. “Elder Care” service industry was a $249B segment of our economy in 2012 and projected to grow 5.2% per year through 2016 to $319.5B.
What Are the Industry Services?
Industry services are comprised of these types: skilled nursing care facilities, home health care services, social services, continuing care retirement communities, assisted living facilities and by provider – for-profit, non-profit.
The Senior Population is Growing
There will be approximately 72 million people over the age of 65 in 2030, and more than 81 million just 10 years later in 2040. People of this age tend to require assistance because of the natural decline of physical and mental capabilities.
Long Term Care Services Needed
“70% of people turning age 65 can expect to use some form of long term care during their
lives.” – U.S. Department of Health and Human Services
I would like to personally thank you for your interest in Caring Hearts Home Care, LLC. We are considered one of the leading business consultants in the Non-Medical Home Care industry. As such, we remain committed to providing you every possible advantage to own and operate a successful homemaker/Companion Business.
Never before in the history of our country have there been so many seniors who need home care and so many who also have the resources to pay for that care. 84% of all seniors recently surveyed by AARP said they want to stay home as long as possible. You could possibly represent the link to making that home care dream a reality in your community.
By the year 2020, 1 in 4 people in the United States will be over the age of 65.
The elderly population is increasing at nearly twice the rate of the general population – the 85-plus segment will swell more than 33 percent by 2010.
Seniors who want to stay in their own homes look for outside assistance with daily tasks, such as preparing meals, housekeeping, and managing personal hygiene. Seniors who are no longer able to drive may seek out reliable transportation to medical appointments, social functions or shopping expeditions.
Services are available for people in need of assistance with the essential activities of daily living (ADLs) such as eating, stand-by assistance with bathing, stand-by assistance dressing, and carrying out basic household duties. Services may also be provided for those who are recovering, disabled, and chronically or terminally ill people who require non-medical treatment.
Over the next 20 years, the senior population is expected to double to 70 million, or 20% of the U.S. population. At the same time, more and more seniors are electing to stay in their own homes for longer periods of time, rather than move into assisted living facilities.
Do You Want to Learn How to Run Your Own Home Care Business?
- If you really have the desire to become one of the best companion care companies in your area, and provide your family friends and neighbors with outstanding service that is above all others, I urge you to take the first step and partner with Caring Hearts.
- We cannot say enough of how deeply our gratitude runs for Caring Hearts. We conducted research and get our homework before choosing the Caring Hearts business model.