Forbes June 9, 2023
Healthcare, while critical and needed is also very big business. According to Insider Intelligence reports from January of 2023, the US national healthcare expenditure is estimated to reach $6.2 trillion by 2028 (up from around $4 trillion today), per the Centers for Medicare and Medicaid Services. In an industry made up of traditional providers like insurance companies, hospitals and other healthcare providers, it is primed for disruption. One of these disruptions will be home-based healthcare provided by doctors and nurses and it is actually happening right now.
A McKinsey report from February 1, 2022 stated that up to $265 billion worth of medical services for Medicare fee-for-service and Medicare Advantage beneficiaries could shift to the home by 2025. Why the...
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