Private Duty Home Care Statistics 2023
– Everything You Need to Know

Private Duty Home Care Statistics 2023: Facts about Private Duty Home Care outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Private Duty Home Care, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

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Top Private Duty Home Care Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 19 Private Duty Home Care Statistics on this page 🙂

Private Duty Home Care “Latest” Statistics

  • Based on the number of new providers who have started businesses, the industry has grown 44% in the last five years, according to the Home Care Pulse Benchmarking Study.[1]
  • In the United States, spending on home care reached an all-time high of $113.5 billion last year, and there will be roughly 9,000 more home care agencies in 2021 than there were five years ago.[1]
  • In 2020, none of the 872 home care agencies surveyed indicated that they anticipate going out of business within the next five years.[2]
  • On average, approximately 33% of inquiries regarding home care will result in new clients.[2]
  • If 37% of an agency’s inquiries result in new clients, their inquiry-to-admission rate places them in the 75th percentile of home care providers.[2]
  • According to data from Home Care Pulse, only 25% of agencies keep track of hospital readmission rates.[2]
  • In 2019, the median rate of caregiver turnover was 64.3%, down from 81.6% the year before.[2]
  • In the United States, 12 million people receive home healthcare services, and the need for skilled caregivers is still growing.[3]
  • In the United States, there are more than 12,000 licensed home care agencies and upwards of 20,000 private duty home care agencies.[3]
  • A shocking statistic reveals that 44% of individuals receiving home care simply received assistance with personal care and activities of daily living (ADLs).[3]
  • 70% of those who receive home care are over the age of 65.[3]
  • Each year, more than 65 million people, or 29 percent of the population in the United States, spend an average of 20 hours a week with a senior loved one who is chronically ill or disabled.[3]
  • According to IBISWorld and Statista, the home care services industry in the United States will generate $97 billion in revenue in 2020.[4]
  • Over 4.7 million people work in direct care, including nearly 2.6 million in home health care, over 647,500 in residential care facilities, about 471,000 as nursing assistants in nursing homes, and close to 1 million in other settings like hospitals.[5]
  • Over 1.2 million new jobs in direct care are expected to be created between 2020 and 2030.[5]
  • While personal care aides are exempt from federal training and competency requirements, home health aides and nursing assistants must complete at least 75 hours of training, including 16 hours of supervised practical training.[5]
  • In 2021, the median wage for direct care workers was just $14.27 per hour, with variations based on occupational role and location, among other things. In 2020, the median annual salary was only $21,700.[5]
  • According to the most recent research, the median annual turnover rate for nursing assistants in nursing homes was nearly 100 percent in 2017-2018, and the median annual turnover rate in-home care was approximately 64 percent in 2021.[5]
  • By 2030, there will be a national shortage of 151,000 direct care workers, and by 2040, there will be a shortage of 355,000 workers, according to MIT Professor Paul Osterman’s prediction from 2017.[5]

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About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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