Freedonia In The News

Article Title: Elder care 2016: A view from Freedonia
By: Allison Bell
Publication: LifeHealthPro, 12/31/2012
Freedonia Study: Elder Care Services (2965)

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The aging of the U.S. population should keep demand for elder care services growing. Total revenue for skilled nursing home services, home health care, continuing care and assisted living facility stays could increase an average of 5.2 percent per year over the next few years, to about $320 billion by 2016, according to analysts at the Freedonia Group. The Freedonia Group -- a real market analysis firm based in Cleveland, not a fictional company in the Marx Brothers' fictional land of Freedonia -- said in a recent report that revenue should grow in spite of state and federal efforts to restrict spending on elder care.
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Article Title: Housing Rebound to Drive $300 Billion in Senior Services Revenue
By:
Publication: ReverseMortgageDaily, 1/6/2013
Freedonia Study: Elder Care Services (2965)

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In accordance with the baby boomer generation nearing their retirement years, revenues for elder care services industry are expected to grow 5.2% annually and reach $319.5 billion through 2016, according to a recent study from the Freedonia Group, Inc. Several factors such as increased life expectancy and recovery in both the economy and housing market will contribute to the surging demand for elder care in the coming years.
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Article Title: Home & Community Care Services Fastest Growing Senior Care Segment
By: Jason Oliva
Publication: Senior Housing News, 1/9/2013
Freedonia Study: Elder Care Services (2965)

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As the “baby boom” generation approaches retirement, the demand for senior care services will rise and will drive industry revenue, according to a study from Freedonia Group, Inc., a Cleveland-based market research firm. Revenues for senior care services are expected to grow 5.2% annually and reach $319.5 billion through 2016, according to the Freedonia Group’s Elder Care Services report.
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Article Title: Home & Community Care Services Fastest Growing Senior Care Segment
By: Jason Oliva
Publication: Senior Housing News, 4/4/2013
Freedonia Study: Elder Care Services (2965)

Quote from article
As the “baby boom” generation approaches retirement, the demand for senior care services will rise and will drive industry revenue, according to a study from Freedonia Group, Inc., a Cleveland-based market research firm.
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Article Title: Elder Care Revenues to Exceed $300 Billion
By: Jason Oliva
Publication: Home Health Care News, 1/16/2013
Freedonia Study: Elder Care Services (2965)

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As more Americans age in the coming years, there will be a responding demand in the need for elder care services, the study notes. Limiting this sustained growth will be continued efforts on the state and federal level to curb Medicare and Medicaid spending.
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