Hospice News September 29, 2022
Rising demand and demographic tailwinds are propelling rapid growth in both the hospice and palliative care markets.
But ongoing labor pressures remain a risk point. A large concern is whether there will be enough hospice and palliative care providers to keep pace with demand, according to Brian Tanquilut, equity analyst in health care services at investment banking company Jeffries LLC.
“These markets are growing partly because of demographic trends and partly because of increasing acceptance of both palliative and hospice,” Tanquilut told Hospice News. “As we see growth acceleration, staffing capacity is the number one concern. It’s deploying the right level and type of staff to optimize these small labor pools.”
The state of hospice and palliative care markets
In...