Overall demand for long-term care is expected to expand massively over the next 50 years, as the number of U.S. residents over age 85--who are most likely to need long-term care--is projected to rise from 5.3 million in 2006 to 20.9 million in 2050. Georgetown University's Health Policy Institute estimates national spending on long-term care, excluding unpaid care, at approximately $130 billion. There are more than 1.4 million nursing home residents in approximately 16,000 facilities with 1.7 million licensed beds in the U.S. The top five nursing home operators run only 10% of the nursing facilities in this highly fragmented market. Knowledge Source's 2007 Long-Term Care Market Overview, 235 pgs in length, identifies the major issues and trends affecting the long-term care industry. Knowledge Source also provides brief profiles on nearly 50 industry participants, including: nursing home operators, assisted living companies, and health care REITs. These profiles include (when available): company background, corporate strategy, facility locations, financial and statistical information, and recent activities. |