Lamont signs laws to improve CT elder care
The bills, which include 36 legislative pieces, prohibit nursing homes from putting more than two residents in a room, increase agency oversight and require more staff training.
Source: wshu.org
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Home Medical Equipment Market Size, Share, Trends, Forecast 2033
“Marketresearch.biz reports that the The home medical equipment market is driven by factors such as the rising aging population, technological advancements, cost-effectiveness of home-based care, government initiatives, and the acceleration of home healthcare adoption due to the COVID-19 pandemic, while facing chall...
Source: pharmiweb.com
How One Company Hopes To Monitor Health and Safety Through Its New Home-Based Product
Cherish Health recently launched Cherish Serenity, a device that sits in the home and can detect falls across multiple rooms. If there is an emergency, it will notify a caregiver or response center for help.
Source: medcitynews.com
Hospital revenue outpacing expense growth amid strategy pivots
Hospitals have seen year-over-year revenue growth outpace expense growth in October, with net operating revenue up 9%. Outpatient revenue has jumped 12% YoY,
Source: beckershospitalreview.com
Home-based care deals are slowing
M&A activity in the home-based care sector was slow in Q3 2023 with 18 reported deals, according to a report from Mertz Taggart.
Source: beckershospitalreview.com