Economy, Healthcare Reform Could Limit Growth of Nursing Home Industry

Earthtimes.com:

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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