The Hospices and Palliative Care Centers industry has grown strongly over the past five years, while the outlook period through 2020 should be no different. Rising reimbursement from Medicare and Medicaid, coupled with an aging population, has propelled strong growth. However, healthcare reform could lessen the amount of reimbursement from assistant programs, threatening industry profit and revenue.
This industry provides programs that offer symptom relief and pain management for patients with life-terminating illnesses. Hospice care applies to companies that administer care (in terms of comfort rather than cure) to patients with life-limiting illnesses or diseases. Nonhospice palliative care is provided to individuals with serious, complex illnesses who may or may not be expected to recover fully; this segment is excluded from this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.