New Report Highlights Significant Home Care Challenges, Gaps, and Opportunities Amid Growing Demand for ServicesIntegrated Home Care Services Integrated Home Care Services, Inc. (IHCS), the nation's leading independent home care benefits administrator of home health, durable medical equipment (DME), and home infusion services, has released a new report highlighting the results of an in-depth survey of health plan executives. Results show a growing recognition of the value of delivering healthcare within the home, as well as a rising demand for home-based services among patients and their family members. Ninety-one percent of survey respondents said demand for home care services has risen over the past five years—and they expect that trend to continue. That's consistent with both industry and the Centers for Medicare & Medicaid Services' projections. Additionally, 96% of respondents indicated that home care costs have increased over the past five years, with more than one-quarter saying costs have increased more than 10%. "Nationally, there continues to be a significant growth in demand for home care services," said Christopher Bradbury, CEO of IHCS. "This is not surprising, given the surging senior population, the popularity of home care, the advances in homecare-related technology and the significantly lower costs of home care services when compared to facility-based care." Among other key findings in the report:
|