Economy, Healthcare Reform Could Limit Growth of Nursing Home Industry

The recently enacted healthcare reform legislation and the recent economic downturn are among the factors that will slow growth in the nursing home market, according to a new report from independent healthcare market research publisher Kalorama Information. While the $104 billion nursing home market will grow, the report estimates it will increase by just 3% this year as opposed to the 5% predicted by Kalorama prior to the recession a few years ago. These findings are included in their report on the industry, “Long Term Care Market: Nursing Homes, Home Care, Hospice Care, and Assisted Living.”

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