{"id":1022,"date":"2016-11-15T07:27:20","date_gmt":"2016-11-15T07:27:20","guid":{"rendered":"http:\/\/template.assistinghands.com\/idaho\/fruitland\/about\/industry-statistics\/"},"modified":"2025-12-10T18:43:24","modified_gmt":"2025-12-10T18:43:24","slug":"industry-statistics","status":"publish","type":"page","link":"https:\/\/assistinghands.com\/121\/texas\/nwsanantonio\/about\/industry-statistics\/","title":{"rendered":"Industry Statistics"},"content":{"rendered":"
[vc_custom_heading text=”Rising Costs of Long-Term Care (Genworth 2024 Cost of Care Survey)” google_fonts=”font_family:Oswald%3A300%2Cregular%2C700|font_style:400%20regular%3A400%3Anormal”]

Genworth\u2019s 2024 Cost of Care Report shows that most long-term care services are rising faster than inflation. The national median hourly cost of homemaker services is now $33<\/strong>, while a home health aide averages $34\/hour<\/strong>. By comparison, assisted living and nursing home care have risen more steeply. In-home care remains one of the most affordable options for families.<\/p><\/div> <\/div>

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<\/span><\/div>[vc_custom_heading text=”Home Care Market Growth and Industry Outlook (BusinessWire 2024 Report)” google_fonts=”font_family:Oswald%3A300%2Cregular%2C700|font_style:400%20regular%3A400%3Anormal”]

According to a new market analysis, the U.S. home care industry reached $286 billion in 2024 <\/strong>and is projected to grow by 22% through 2034<\/strong>. Driving forces include an aging population, value-based care initiatives, and surging demand for in-home healthcare such as infusion therapy and durable medical equipment.<\/p><\/div> <\/div>

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<\/span><\/div>[vc_custom_heading text=”Regional Spotlight: California Care Costs (Genworth Data)” google_fonts=”font_family:Oswald%3A300%2Cregular%2C700|font_style:400%20regular%3A400%3Anormal”]

Genworth\u2019s California report highlights how costs in some states are outpacing national averages. In 2024, annual costs for homemaker services rose to $86,944 (+6%)<\/strong> and for home health aides to $89,232 (+5%)<\/strong>. These increases, well above the national median, underscore how local inflation and labor shortages impact affordability.<\/p><\/div> <\/div>

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<\/span><\/div>[vc_custom_heading text=”Strengthening the Home Care Workforce (ASPE Issue Brief, April 2024)” google_fonts=”font_family:Oswald%3A300%2Cregular%2C700|font_style:400%20regular%3A400%3Anormal”]

The U.S. Department of Health and Human Services and Department of Labor issued new recommendations to improve workforce data for Home and Community-Based Services (HCBS)<\/strong>. The report emphasizes the urgent need to recruit and retain direct care workers as demand continues to grow.<\/p><\/div> <\/div>

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<\/span><\/div>[vc_custom_heading text=”The Value of Unpaid Family Caregiving (ASPE Research)” google_fonts=”font_family:Oswald%3A300%2Cregular%2C700|font_style:400%20regular%3A400%3Anormal”]

Unpaid caregiving remains the cornerstone of long-term care in the U.S. ASPE research estimates that family caregivers provide care worth over $200,000 per older adult with significant disabilities<\/strong>, a figure that exceeds the value of paid care. As the population ages, reliance on family caregivers will remain a critical issue.<\/p><\/div> <\/div>

Read Full Article<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"[vc_custom_heading text=\"Rising Costs of Long-Term Care (Genworth 2024 Cost of Care Survey)\" google_fonts=\"font_family:Oswald%3A300%2Cregular%2C700|font_style:400%20regular%3A400%3Anormal\"]Genworth\u2019s 2024 Cost of Care Report shows that most long-term care services are rising faster than inflation. The national median hourly cost of homemaker services is now $33, while a home health aide averages $34\/hour. By comparison, assisted living and nursing home care have risen more steeply. In-home...","protected":false},"author":2,"featured_media":0,"parent":255,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1022","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/pages\/1022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/comments?post=1022"}],"version-history":[{"count":3,"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/pages\/1022\/revisions"}],"predecessor-version":[{"id":1534,"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/pages\/1022\/revisions\/1534"}],"up":[{"embeddable":true,"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/pages\/255"}],"wp:attachment":[{"href":"https:\/\/assistinghands.com\/121\/wp-json\/wp\/v2\/media?parent=1022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}