Our Home Healthcare Advisory Board, with decades of experience in eldercare, medical and regulatory standards, and overall industry insight, will assist us in getting the most value for sellers of home healthcare companies.
Selling or buying, Saedlo & Curry Group can ensure you take the right steps in your business strategies!
Healthcare is one of the fastest growing segments of the global economy. Total healthcare expenditures in the US were estimated to be $3.2 trillion in 2015, representing approximately 17% of GNP. Yet it is a very fragmented industry. It has been estimated that there are 3.2 million healthcare companies in the US of which 390,000 have 20 or fewer employees.
One of the fastest growing segments of the healthcare industry is home healthcare and all indications are that it will continue to skyrocket. Baby boomers are shunning previously accepted retirement options such as Continuing Care Retirement Communities, traditional nursing homes and assisted living environments.
8,000 people a day turn 65 and by 2020 one in five people will be 65 years or older. Many of these people are choosing to remain in their homes when the time comes for needing care. HOME HEALTHCARE is presently driving $69 billion per year. Home medical equipment, home infusion services, staffing and nutrition services will all play a part of the myriad of services that will be included in the overall service equation.
Our Home Healthcare Advisory Board, with decades of experience in eldercare, medical and regulatory standards and overall industry insight, will assist us in getting the most value for sellers of home healthcare companies.
To be marketable companies will have to understand….Where are the gaps in service? Where are the needs? Where are the strongest areas of growth?
We have assembled an advisory board to help us do just that!!
Kathleen Curry, MS Counseling Psychology, Columbia University, will head up this group. Kathleen has been an industry leader in the elder care market for 20 years and has seen the shift from placing loved ones in institutional environments to choosing at home care supported by professional services.
Linda Cromwell owner and CEO of Being There Senior Care has developed an industry gold standard program in home health care. Linda provides insight into aspects of profitability, accountability and market share.
Other industry professionals include representatives from the medical, legal and technical communities who bring medical experience, knowledge of staffing challenges as well as standards for best practice, knowledge of federal and state regulations, technology and architectural redesign.
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