Home Health Care News August 6, 2024
Pediatric home health care is a tough business to be in, but it’s also one filled with opportunity if providers can find operating models that work.
The U.S. pediatric home health care market was estimated to be valued at $12.53 billion in 2023. It is expected to grow at a compound annual growth rate of 7.85% from 2024 to 2030, according to a report from Grand View Research.
Growth in this industry can be attributed to several factors. These include the rise in chronic diseases, increased demand for home health services for infants, technological advancements, higher health care spending, adoption of smart home health care models and more insurance and legislative support.
“The pediatric home care space really is not...