Home healthcare is a booming market
that is rapidly transforming thanks to
increasing consumer demand and
policy changes that are dramatically
shifting the sector’s landscape. The
changes make it ripe for manufacturers and distributors
to offer their skills as home care services
are expected to grow significantly, including hospice
and round-the-clock care.
A group of experts from the medical manufacturing and
distribution industries met in November at a HIDA Educational
Foundation’s Home Care Thought Leaders event to
discuss what’s ahead for home care and to identify challenges
and opportunities. They all agreed it’s a complex market to
navigate. There are multiple types of companies in the home
care space, and many different customers – the patient,
caregiver, payer, or distributor to name a few.