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The advent of advanced home healthcare services in the world has facilitated high-quality healthcare delivered in the comfort of one’s home. The availability of portable devices such as heart rate monitors, respiratory aids, and blood glucose monitors has improved the efficiency and effectiveness of home care for lifestyle diseases. The global home healthcare market size is on an upward trajectory, expected to expand at a compound annual growth rate (CAGR) of 7.96 percent from 2023 to 2030.
The awareness about home care services and devices for conditions like Alzheimer’s disease and dementia is increasing and will be a large factor driving the market growth in the coming years. The development of individualized disease management programs for debilitating heart conditions is also driving the demand for home-based healthcare in managing symptoms related to cardiac diseases outside of medical facilities.
In this edition of Healthcare Business Review we bring to you some of the top home healthcare services providers that deliver the best outcomes for their patients. The featured company, Thrive Health Care Services is focused on handling critical cases where patients heavily rely on medical technology.
This edition also sheds light on the major advancements in the industry and the latest technology that primary care providers are leveraging to provide top-of-the-line home healthcare services. It also features a thought leadership article from Ebony Harpool, M.D. MBA, center medical director at Oak Street Health. They highlight the advantages offered by home healthcare and how it can lower medical costs by preventing avoidable admissions by managing urgent, acute care conditions, and chronic conditions at home.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the home healthcare services industry and hope that you find the ideal partner that fulfills patients’ care needs.