Healthcare Business Review Weekly Brief
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Long term care initiatives are playing a fundamental role in helping patients suffering from chronic illnesses live their life independently. However, delivering high-quality long term care remains an elusive goal for most healthcare providers despite employing qualified clinicians. This underscores the need to implement a robust long term care strategy with transformative tech-centric solutions and services at its core.
As per the recent analysis by ResearchAndMarkets.com, the global long term care market is expected to reach $1.7 trillion by 2028 at a CAGR of 7.1 percent from 2021 and 2028.
The stellar market growth can be attributed to the recent technological advancements that are making long term care more affordable and easily accessible for patients. For example, using specialized GPS tracking services, physicians and caregivers are reaching out to patients where they are during an emergency to rescue them as soon as possible.
Medication reminders are also becoming immensely popular in the arena of long term care. Ranging from pill identification tools to scheduling systems and reminder alarms, medication reminders alert patients when it is time to take their medicine, check-in with their doctor, and perform physical or cognitive exercises.
This edition of Healthcare Business Review provides a comprehensive view of the major advancements in the space and how companies are using them to their advantage to deliver on-time, reliable, and personalized long term care solutions and services.
We have curated thought leadership articles from industry experts, including the Director of Patient Care Services, Catholic Health, and the Director of Patient Care at Northwell Health.
We also took a deep dive into the market trends to narrow down the list of companies delivering robust long term care solutions and services. Equipped with innovative technological capabilities, these enlisted service providers, including HomeTown Pharmacy, help transform long term care at the cloverleaf of various disruptive technologies.
We hope this edition of Healthcare Business Review on long term care helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
Let us know your thoughts!
Our subscribers nominate the companies with whom they have collaborated and gotten results. If you think there is a company that deserves to be on our upcoming prestigious annual list of Top 10 Long Term Care Services Companies , please write to us about them and the reasons you think they need to be on the list
HomeTown Pharmacy is one of the most sought-after community pharmacies in the U.S. Its services include retail pharmacy, long-term care assistance, online prescription refills with single or multi-dose packaging, and durable medical equipment—all designed to improve patients’ overall medication outcomes.
Amedisys is a renowned home healthcare company to be the best solution for patients around the world
Every day, Brookdale Senior Living creates satisfying experiences for each member. It allows inhabitants to be acknowledged as people, live their lives with meaning, and stay connected to the larger community
Diversicare is one of the top supplier of post-acute care. Diversicare is dedicated towards creating good experiences for every patient and resident in its care
Genesis Healthcare offer services to skilled nursing organizations and provides specialized Alzheimer’s care, orthopedic rehabilitation, ventilator care, dialysis care and Assisted/Senior Living services
Home Instead Elder Care offers various senior services, including chronic disease assistance. Home Instead family also provides older individuals with the comforts of home and experience make it that helps alter someone’s life
ICS assists organizations in improving community care coordination and driving the shift to value-based healthcare. It enables patient-centered clinical solutions, ongoing improvement, and tailored offerings to those accountable for care quality and cost
Long-Term Health Care (LTHC) Solutions is solely dedicated to long-term care patients. Throughout the Dallas-Fort Worth region of northeast Texas, it provides medical care and medical director services to skilled nursing homes and post-acute care rehabilitation centers
Outreach Health has been offering high-quality person-centered home care in Texas and Arizona since 1975. They enjoy offering a home care service that focuses on making the individuals they serve healthier and happier
Sunrise Senior Living offers personalized senior care in a secure and supportive setting. Sunrise Senior Living began with a single community in 1981 and has now expanded to over 315 locations across the United States, Canada, and the United Kingdom
