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To: invest04 who wrote (4234)7/18/1998 4:11:00 PM
From: JanyBlueEyes  Read Replies (1) | Respond to of 5736
 
Home Health Care

erisco.com - Spring 1996 from a healthcare company.

Explosive Growth in Home Health Care

There's no place like home. And there's no segment of the health care industry that is growing as fast as home health care, which by some estimates has reached $25 billion a year nationally and is still growing strong......

......The economic advantages of home health care can be dramatic. For example, the cost of treating a baby with jaundice is about $150 per day for home care versus $826 per day at the local hospital,. In some cases, hospital charges can total about $1,800 per day, yet many patients recovering from illness or surgery at home can be treated with a single daily nursing visit at a cost of about $90, paid for by private insurance or Medicare.......

A Bright Future

There's little question that the future of home health care is secure. Its demonstrated successes are now well known and will continue to prompt more initiatives to contain costs by treating certain types of ailments at home, where many prefer to be. To date, most of the research in this area has focused on the cost side of the equation, in all likelihood, there will be increasing demands to examine more closely the clinical side, in terms of outcomes and other clinical area. For the foreseeable future, the direction of health care in the United States is homeward bound.