Recently, it was announced that the rate of growth in the skilled nursing facility sector has been slowing. The year over year growth from February of 2023 to February 2024 dropped from 4.4 percent to 4.0 percent. Likewise, the rate … [Read more...]
The Growing Business of Caring for Our Elderly
There are changes coming in the world of senior care. That’s no secret. The COVID-19 pandemic has necessitated many changes in the care system, but because of the growing population of seniors around the world, these changes would have been … [Read more...]
Senior Care Services Expected to Quickly Grow
By the year 2025, it is expected that the elder care services market in the U.S. alone will reach over $1,767,300,000,000. That’s over $1.7 trillion. Yes, that’s a staggeringly large number, one so big that it’s hard to really even think … [Read more...]
Why There’s So Much Potential for Growth in the Senior Services Business
According to CNBC, by the year 2032, the senior care industry is projected to be worth about $13.5 trillion per year. We’ve talked in the past about how this has opened up the door for many people trying to create scams that target the … [Read more...]