Owning a Health Care Franchise in Today’s Health Care System
09/25/2019
Owning a health care franchise allows you to invest in a new, long-lasting career. With more people in need of home care help now than ever before, this is the ideal time to own a health care franchise. But how does owning a senior care franchise fit into today’s health care system?
There is a Higher Demand in Home Care Assistance for Seniors
Those who were born between the years of 1946 and 1964 are part of the baby boomer generation. According to data from the U.S. Census Bureau, there are approximately 75 million people in the United States who are a part of this generation. That is a staggering number of individuals. A large portion of them will need specialized care and assisted living services.
The population of individuals who are over the age of 75 will dramatically increase between 2010 and 2030. This means one in five Americans will become a senior citizen during those two decades.
Seniors are the largest demographic of clients for home health care agencies. Therefore, the need for this type of care is sure to increase during this time frame. Additionally, even after the boom of the baby boomers, there will always be a need for high-quality care at home.
The Affect on the Healthcare Industry
A good percentage of older Americans suffer from more than one chronic illness. This puts a heavy strain on Medicare. It’s not uncommon for elderly individuals to receive care from specialists and their primary care physicians. Chronic illness also requires more hospital stays, surgeries, and lab work.
These illnesses can overload the Medicare system. They can also make it difficult for people with acute illness to get an appointment. In many counties and states, there are more patients in need of care than physicians available.
What This Means for Health Care Franchises
Agencies that offer in-home care to seniors are gaining popularity. Many elderly individuals are choosing to live in their own homes instead of a nursing home.
Therefore, any job in the healthcare industry is a good option for job security. Home health care and senior care agencies have seen a rise in the number of clients they serve in recent years. That number is only expected to climb in the years to come.
Home health care agencies offer everything from critical care to companionship and transportation. You can choose what services your home health care agency will offer and hire the right specialists to provide those services. Your franchisor will be there along the way to offer guidance and support.
If you are interested in being your own boss, having more flexibility with your schedule, and helping others, get in touch with A Better Solution. Get the advice and training you need to start up a home health care agency in your area today.
