Healthcare Business Review Weekly Brief
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Long-term care, which includes services ranging from nursing homes to home-based care, plays a vital role in our communities. Recent trends in this field have been nothing short of transformative. Long gone are the days of one-size-fits-all solutions. Today, longterm care providers recognize the importance of tailoring care to each resident’s unique needs, preferences, and aspirations.
According to a new report by Grand View Research, the global long-term care market size is expected to reach USD 1.74 trillion by 2030. It is projected to register a CAGR of 6.62 percent during the forecast period. The market’s growth can be attributed to the rising prevalence of target diseases, especially Alzheimer’s and Dementia, and high unmet demand in low and middle-income countries (LMIC).
Technology has become an indispensable ally in the world of long-term care. Integrating advanced technologies like telemedicine and smart devices is revolutionizing how care is delivered. The rise of home-based care services is transforming the very concept of long-term care.
This edition of Healthcare Business Review provides a comprehensive view of the significant advancements in the longterm care space and how companies use them to deliver on-time, reliable, and personalized long-term care solutions and services.
We have curated thought leadership articles from industry experts, including Imana Mo Minard, Director of Nursing Corewell Health East (formerly Beaumont Health) and Kristen Silva, Director of Nursing at Beth Israel Lahey Health.
We also took a deep dive into the market trends to narrow down the list of companies delivering unparalleled long-term care services. These enlisted services providers, including MAC Rx, are equipped with innovative technological capabilities and help transform longterm care at the cloverleaf of various disruptive technologies.
We hope this edition of Healthcare Business Review on long-term Care helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
Usually, the qualified subscribers of our magazine nominate companies with whom they have collaborated and experienced exceptional results to be in this list. Did a company you recently worked with give you stellar results and ROI? Did it turn out to be one you would wholeheartedly recommend to peers? Or do you know of such an outstanding company through your network? Please fill in the details below and nominate them to be featured here.
MAC Rx's Pharmacy Service, a one-stop shop for pharmacy-related matters in the long-term care industry (LTC) provides personalized, customer-centric services, competitive pricing and facility transition services. MAC Rx's operations expand beyond retail pharmacy, encompassing specialized processes and nursing services for residents in diverse care communities, including nursing homes, assisted-living, extended-care, and retirement communities.
Abri Health Care believes that delivering excellent, outcome-driven care can enhance and improve the lives of individuals in their communities. Every patient, resident, and family they meet inspires them to provide compassionate and caring care.
Aperion Caregivers go above and beyond post-hospital rehabilitation and longterm professional nursing care to deliver personal attention. Aperion care is more than just medical. Every staff member— in the office, the kitchen, and everywhere in between—plays an important role in each guest’s well-being and recovery.
Diversicare is widely regarded as a top supplier of post-acute care. They presently have 44 facilities operating in five states, predominantly in the Southeast and Midwest. Its centers feature a complete staff equipped to deliver high-quality healthcare, whether their medical needs are short-term rehabilitation, complex medical care, long-term care, or memory care.
ExactCare is a national supplier of medication management and pharmacy care. Every year, tens of thousands of individuals rely on experts to assist them in administering medications—in assisted living long-term care facilities, through transitions of care, and in the comfort of their homes.
Genesis provides a wide range of services at over 250 locations throughout 22 states. They offer Specialized Alzheimer’s care, orthopedic rehabilitation, ventilator care, dialysis treatment, and Assisted/Senior Living services in several areas near users and ShortStay and long-term care services.
HealthDrive believes in assisting the staff plus partner long-term care institutions by providing cutting-edge technological solutions, practical communication tools, and an engaged internal workforce. They want their primary attention to be on their patients. It takes a village to achieve patients’ optimal health results, and they consider each other as family.
ILS is dedicated to increasing quality of life by tackling socioeconomic determinants of health and improving health outcomes while lowering costs. Assessments, care management, residence and communitybased services coordination, care planning, and back-office support are all part of the solution suite.
In all they do at National Partners in Healthcare, they believe in building a foundation of trust, openness, and quality. They collaborate with physicians and medical systems to realize the aim of high-quality care using synergies and best practices.
The Westchester Village Of Lenexa Staff Has A Caring Philosophy Incorporated Into Daily Operations. Their Philosophy Integrates Dignity, Quality, Options, Respect, And Community Into Everyday Activities. They Always Try To Achieve The Objective Using The Value Statement As A Guide.
