From 2014 to 2024, home care is projected to add 633,100 new jobs. That’s more jobs than any other single occupation. On top of that, the population of adults over age 65 is expected to nearly double, growing from 47.8 million to 88 million by 2025.*
*PHI: U.S. Home Care Workers
What the Impact?
A significant care gap is emerging. The greater demand for home care services, and a labor force that’s experiencing little growth is resulting in a short supply of caregivers to provide home care services. Furthermore, the matter of quality of care becomes more important than ever.
If that wasn’t enough, two additional factors are ramping up the demand for home caregivers:
Alternative Ways to Cut Cost & Meet Demand
Many home health providers have begun to feel immense pressure to reduce operating costs, and as such, have turned to alternative staffing strategies and independent caregiver management software to reduce operating costs and match service capacity with patient needs.
Additionally, as the workforce shortage continues to become more prominent, independent caregivers can offer home care organizations with supplemental resources. Not only will this provide additional support, but it will allow organizations to help ‘fill the gap’ in relation to the workforce shortage, and alleviate a great deal of the operational burdens faced by today’s providers.