The Home Care Industry
A Resilient Home Care Franchise Opportunity
Unlike many other industries, the home care industry has proven to be one that is reliable and consistent. Studies have shown that older adults prefer to remain in their own homes and maintain as much independence and dignity as possible for as long as they can. At Home Helpers® Home Care, our home health care franchise helps people achieve this goal by offering the care and assistance they need in the comfort of their homes. 40% of adults over 65 years old need daily assistance, and 70% will need help at some point. With these statistics in mind, there is no doubt that Home Helpers Home Care services will continue to be in high demand for years to come.
The Need for Senior Care Services Is Growing Quickly
As the nation's population continues to age, the demand for home care services is expected to have significant growth as well.
Significant Growth in Aging Population
Home Care Is a Cost-Effective Solution
80% of adults over 60 prefer to live independently†
94% of adults prefer to remain in their homes for care†
67% of those surveyed said they would use in-home care services in place of in-facility care following the pandemic^
†Source: IBISWorld
^Source: Transcend Strategy
Ready to discover why we are a leader in home care franchising? Reach out to us today at 844-899-8801 to get started!
The Benefits of In-Home Care
The primary reason why the home care industry is thriving is simple: home care services are always needed. As the Baby Boomer generation continues to age, our services will only be more in-demand, and our franchisees will be there to provide the necessary services.
Our in-home care franchise benefits by:
- Meeting the desires of seniors. Nine out of ten Americans over the age of 65 would choose to stay at home as long as possible, and 80% believe that their current home is where they will always live. With help, this desire can be made a reality. We offer the in-home care support many seniors need, which can, in turn, allow them to live longer and happier lives more independently.
- Filling gaps in existing care. Home care complements existing home health care services, alleviating pressure on the overall system, and allowing other models of care to work and do what they do best.
- Reducing health care costs. Elderly Americans receiving home care generally need fewer trips to doctors and hospitals. In fact, studies show that seniors using paid in-home care services reported 25% fewer doctor visits each year than older adults who did not have such care. As a result, home care reduces overall health care costs, while also creating jobs in a new and growing sector.
You will begin your Home Helpers® Home Care journey by providing private-duty in-home care services. Private-duty home care services yield higher margins and allow you to develop a strong financial foundation with minimal accounts receivables. You can expand your service offerings to include in-home care for individuals with certain veteran benefits, long-term care insurance, Medicare Advantage, and government assistance.