Yesterday’s post looked at the growth of receipts at hospitals in the United States between 1997 and 2007. Their receipts grew at a healthy clip of 10% a year over this period. The market for home health care services saw even greater growth over this period. Revenues generated by home health care service providers grew at an average rate of 33% per year between 1997 and 2007. There were 3,375 establishments primarily engaged in providing home health care services in the United States in 1997 and in 2007 there were 22,975 such establishments.

The Bureau of the Census definition for the “home health care services” industry reads as follows: “This industry group comprises establishments primarily engaged in providing skilled nursing services in the home, along with a range of the following: personal care services; homemaker and companion services; physical therapy; medical social services; medications; medical equipment and supplies; counseling; 24-hour home care; occupation and vocational therapy; dietary and nutritional services; speech therapy; audiology; and high-tech care, such as intravenous therapy.”

Geographic reference: United States
Year: 1997 and 2007
Market size: $10.1 billion and $46.2 billion in annual receipts respectively
Source: “2007 Economic Census: Sector 62: Health Care and Social Assistance Programs: Preliminary Comparative Statistics for the United States 2007 and 2002,” March 26, 2010, available online here. Data for 1997 are from a report by the same title in the “1997 Economic Census” series.
Original source: U.S. Bureau of the Census