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 5million in 2006 to more than 19 million in 2050. Spending on long-term care, at roughly 10% of national health expenditures, is large and increasing. There are a number of significant trends within the long-term care industry that will support the continued growth of the nursing home segment of the long-term care industry. These factors include: demographic trends; cost-containment pressures; limited number of skilled nursing facilities; and reduced reliance on family care. Knowledge Source's 2008 Long-Term Care Market Overview identifies the major issues and trends affecting the long-term care industry. Knowledge Source also provides brief profiles on more than 60 leading 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. |