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USA Home Healthcare Market hits at $173 Billion with a CAGR of +7% by 2028| Brookdale Senior Living, Home Health Services Ltd, Sunrise Carlisle, Senior Care Centers of America – KSU

rcFebruary 22, 2021
USA Home Healthcare Market
USA Home Healthcare Market is expected to boom with USD 173 Billion at a CAGR of +7% by 2028.
In U.S.A, Medicare is that the largest single payer of home healthcare services. Medicare spending accounts for quite 40% of home health expenditures. Medicaid payments are divided into three main categories: the normal home health benefit (mandatory), the private healthcare option, and residential and community-based waivers as an optional program.
U.S. health care spending grew 4.6 percent in 2019, reaching $3.8 trillion or $11,582 per person. As a share of the nation’s Gross Domestic Product, health spending accounted for 17.7 percent. ....

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Research and Markets: Home Healthcare Markets, 2027 - Increasing Growth of the Home-Based Tele-Critical Care & Isolation Due to COVID-19 Pandemic

Research and Markets: Home Healthcare Markets, 2027 - Increasing Growth of the Home-Based Tele-Critical Care & Isolation Due to COVID-19 Pandemic - ResearchAndMarkets.com
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The Global Home Healthcare Market size is forecast to reach USD 680.35 Billion by 2027.
Market growth is driven by an upsurge in demand for telehealth systems, coupled with a rapid adoption rate of endless numbers of home healthcare systems globally amid the COVID-19 outbreak owing to lack of sufficient isolation wards critical units.
The global home healthcare market is, at present, observing a tremendous growth owing to the increasing prevalence of the telehealth system, the rising cost of hospital beds, unavailability of ambulance service in remote areas, availability of skilled home care professionals, overall preference for the home healthcare system compared to hospital admissions, growing geriatric population, the proliferation of chronic diseases, pedi ....

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