Hospice Care Services – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
National Hospice and Palliative Care Organization
Publications available from this organization include:
Facts & Figures
https://www.nhpco.org/
Annual NHPCO publication provides information on patient characteristics (e.g., age category, gender, race,
ethnicity, primary diagnosis, and length of service), number of providers, provider characteristics (e.g.,
agency type, size, and organizational tax status), payer sources (e.g., Medicare, managed care
or private insurance, and Medicaid), level of service provided, staff management,
and service delivery.
National Summary Report
https://www.nhpco.org/
Comprehensive annual report provides in-depth statistical data for this healthcare sector, with topics covered
in the report including agency demographics, patient volume, patient demographics, location
and level of care, payer mix, and agency revenue and expenses. Report is available
to members only, with peer reports offering NDS data broken out by agency type and size available at additional
cost.
National Association for Home Care & Hospice
Publications available from this organization include:
Caring Magazine
https://www.nahc.org/
Monthly journal features news and information for home healthcare and hospice professionals, with topics
covered in this publication including healthcare trends, management best practices, resource utilization,
quality management, marketing insights, agency case studies, and healthcare information technology. Selected
feature articles from the current edition of the magazine are available online.
State Fact Sheets
https://www.nahc.org/
Fact sheets provide a snapshot of home care and hospice services for each state, with data provided including
number of Medicare agencies, number of patients served, annual Medicare reimbursement, number of patient
visits, agency ownership types (e.g., profit, non-profit), number of staff on a full-time equivalent basis,
and average OASIS (Outcome and Assessment Information Set) score for the state.
Centers for Medicare & Medicaid Services
Hospice Center
https://www.cms.gov/
Comprehensive federal government site addresses various aspects of hospice care services from a government program standpoint, with content sections including general provider information; quality initiatives; enrollment, participation, and certification; coordination of benefits; educational resources; regulations and notices; billing and payment information; and Medicare and Medicaid payment rates.
BizMiner Market Analysis Reports
Hospices
https://www.bizminer.com Search for "623110" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Hospices
https://www.bizminer.com Search for "623110" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Hospices & Palliative Care Centers
(see links for individual reports)
Financial information section of this report provides an analysis of industry income and expenses as a percentage of revenue for organizations that offer symptom relief and pain management for patients with life-terminating illnesses, with these services provided for patients in private residences, nursing homes, and residential care facilities as well as on an inpatient care basis in hospices and hospitals.
Compensation and Salary Surveys
HCS Compensation Service
Hospice Salary & Benefits Report
https://www.hhcsinc.com/
Annual compensation survey provides salary and hourly wage data for management, nursing, therapy, and clerical job positions, with compensation data reported by agency type, annual revenue (up to $5 million, $5 million and over), and number of patient days (up to 29,999 days, 30,000 days and over) on a national, state, and regional basis. Sample pages for selected job positions are available free online.
PayScale, Inc.
Hospice Care Facility
https://www.payscale.com/
Free online service provides median salary and hourly wage data for job positions in this healthcare sector such as nurse case manager, registered nurse, social worker, chaplain, aide, and volunteer coodinator, with employers for which wage data is provided including VITAS Healthcare Corporation, Kindred Healthcare, Inc., Gentiva Health Services Inc., and Seasons Hospice & Palliative Care, LLC.
BV Guides and Databases
Irving Levin Associates LLC
Healthcare M&A News, Analysis, and Transaction Details
https://www.levinassociates.com/
Subscription service provides M&A news, analysis, and transaction details with its database of over 25,000 healthcare deals and in-depth industry reports, with sectors covered including labs, MRI, and dialysis, hospitals, medical groups, home health and hospice, rehabilitation, and behavioral care and transaction data searchable by property type, geographic activity, broker, acquirer, and other criteria.
Home Health Care Services
Home Medical Equipment Rentals
Hospitals and Health Systems
Nursing Homes and Assisted Living Facilities
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