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Senior Care and Healthcare Franchise Opportunities

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Healthcare & Senior Care Franchises Sponsored By Homewatch CareGivers

HomeWatch CareGivers is one of the leading names in the home care industry. They have been experts in medical and non-medical care for the last 30 years. They provide expert training and constant support.

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Trends and Facts About Healthcare & Senior Care Franchises

Related Healthcare & Senior Care Franchises Articles

The baby boom generation is driving the growth behind another “booming” industry – healthcare, specifically home health care for seniors.

1. By 2030, one in five Americans will be a “senior citizen.” From 2010 through 2030, those aged 65-84 will increase by 80 percent, and those 85+ older will increase by 48 percent to seven million.

2. Health care support occupations, such as home health care aides and nursing aides, accounted for 36 percent of the healthcare industry.

3. There are currently about 12,000 home health care companies in the US, with revenues about $40 billion.

4. Home services are delivered to 7.5+ million people, and of those receiving care, more than 68 percent are over age 65, and 62 percent are women.

5. The number of clients paying privately for in-home care services is projected to surpass Medicare spending in 2010.

6. A survey by the American Association of Retired Persons (AARP) indicates that 84 percent of Americans want to stay in their present homes as they age.

7. The US Department of Labor estimates that health care will generate 3 million new wage and salary jobs over the next ten years -- more than any other industry -- and that employment in the home health industry will increase by 55+ percent by 2016. For entrepreneurs looking for a growth business that only promises to follow an upward trend over the next several decades, senior home health care is a sure bet. Many of these franchises require a moderate initial investment compared to other industries, such as restaurants or health clubs.

Home health care franchise owners may often start out as a hands-on health aid, but eventually as the business grows, act more as a manager of a team of workers deployed to customers’ home. Home health care workers typically provide a range of services, including: • Help with bathing, dressing and personal care • Meal planning and preparation • Light housekeeping • Medication reminders • Transportation • Shopping and errands • Friendly companionship The demand for these home care services is rapidly accelerating, and will continue to grow over the next 40 years.