Significant technological innovations are transforming patient care, outcomes, and operational efficiency in skilled nursing therapy. By employing such state-of-theart platforms and technologies, medical professionals may offer more individualized, economical treatment, thereby improving the quality of life for their patients. Meanwhile, this technological development is creating the framework for a more advanced and adaptable healthcare system.
Meanwhile, predictive modeling and data analytics are primary in competent nursing therapy. Medical experts can identify trends and predict future health problems by analyzing historical data. Facilitating the development of customized care plans and early interventions reduces the likelihood of issues and hospital readmissions.
The rapidly growing global market for skilled nursing facilities includes skilled nursing therapy. The market is expected to develop at a compound annual growth rate (CAGR) of 6.58 percent from 2024 to 2032, reaching around $628.6 billion by then, from its forecast worth of 354.2 billion dollars in 2023. As the market for skilled nursing facilities expands, integrating these technologies will be crucial to meeting patients’ evolving needs and ensuring a better standard of care. The future appears bright because technology will enable competent nursing care to become more patient-centered, effective, and responsive.
This edition of the Healthcare Business Review explores recent developments in the skilled nursing therapy sector and how organizations are aligning with these trends to adopt more profitable practices and replace outdated methods.
We have curated thought leadership articles from industry experts, including Dr. Tinamarie Estes, Director of Nursing at Allegheny Health Network, and Justin Floyd, Director of the Nursing-Critical Care Service Line at Peace Health.
While Dr. Tinamarie Estes discusses the importance of building a culture of equity and inclusion, Justin Floyd emphasizes strategic nursing staffing for enhanced patient care.
Our market analysis identified Abundant Home Health, LLC as a standout in offering exceptional in-home care services.
In this edition, featuring the Top Companies in Skilled Nursing Therapy in 2024, we aim to help you find the right partner for your business requirements.