In: Nursing
a) The US nursing homes and long-term care facilities industry includes about 85,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $235 billion.
b) The proportion of people over 60 is expected to grow from 12% to 22% of the world's population between 2015 and 2050, according to the World Health Organization.
- While the number of nursing facilities varies by region, a growing number of countries -- particularly those with some form of national health insurance -- are experiencing an increase in demand for long-term care options for their aging and infirm citizens.
- Demand for long-term care services is strong due to rapidly aging populations in the US and other developed nations.
c) Quality of care in Nursing home industry
In recent years, the quality of care in nursing homes has increased.
Decline in ADLs is likely to be most pronounced in patients needing nursing home care so helps patient's in ADLs
Maintains function and prevent further decline in the patient's health condition.
Most of the expenditures for long-term care services, both community-based and in institutions, is paid by medicaid and other public sources
incorporating evidence-based practices in the delivery of long-term care is to improve the quality of care
Hospice care is given in nursing home
The knowledge and human resources contributes to the quality of care in Nursing home.