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Hospice Care Services – Industry Analysis, Statistics, Trends, and Forecasts

SIC 8059  |  NAICS 623110

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

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Industry Analysis, Statistics, Trends, and Forecasts


Industry Research Reports
Hospices & Palliative Care Centers  (view report)
Home Health Care Providers  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

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://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://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.


More industry research reports »

Financial Statements and Financial Ratios


BizMiner Industry Financial Ratios
Hospices
https://www.bizminer.com  Search for "623110" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Hospices & Palliative Care Centers
(see links for individual reports)  (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.


More financial benchmarking data »

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.


More compensation surveys »

BV Guides and Databases


BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for public and private company sales transactions by SIC or NAICS Code. These databases provide detailed information for sales transactions including sales price and terms, purchase price allocation, target financial data, and deal-derived valuation multiples. Sample reports can be viewed free online.

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.


More valuation data »


Related Industries:
Home Health Care Services
Home Medical Equipment Rentals
Hospitals and Health Systems
Nursing Homes and Assisted Living Facilities

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