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Home Health & Hospice Week

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Know Your Facts: Home Health Market Update

Published on Fri Sep 26, 2003

Aides largest part of HHA workforce.

If you're a freestanding home health agency, you are in the majority of the home care market.

Sixty-eight percent of the approximately 7,000 home health agency locations in the U.S. are freestanding, the Centers for Medicare & Medicaid Services says in its latest market update for the home care industry. And about half of those 7,000 locations are for-profit.

Here are more facts CMS' report cites:

  • The largest publicly traded home care company, Gentiva Health Services Inc., comprises only 2 to 3 percent of the market with 200 locations.

  • Medicare home care spending in 2002 was $10 billion, up from $8 billion in 2001.

  • CMS projects Medicare home health spending to grow 12 percent to $14.9 billion in 2003.

  • Overall spending on home care services in 2001 was $33.2 billion.

  • Medicare and Medicaid spending accounted for 51.2 percent of the 2001 spending total, compared to 46.3 percent in 2000.

  • Home health aides make up the largest part of home care workers, with 38 percent of the workforce. Professional nurses follow at 33 percent; vocational nurses 12 percent; physical therapists 5 percent; occupational therapists 2 percent; and social workers 2 percent. The remaining 8 percent are "other" workers.

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