Caregiving can be a rewarding experience, but it can also be emotionally and physically draining. As the population ages and family dynamics change, the demand for respite care has increased significantly. It enables working individuals to recharge and refresh while being stress-free about the care of their loved ones.
The global home healthcare market is estimated to reach $514.5 billion by 2026, at a CAGR of 7.1 percent during the forecast period of 2021 to 2026. The principal factor driving the market growth is the expected improvement in healthcare access in developing countries.
This edition of the Healthcare Business Review brings forth the most influential developments in the respite care service provider space, aiming at minimizing the exhaustion associated with caregiving and enabling healthier family and relationship dynamics. This edition features articles from Ruben Rodriguez, Program Director Post-Acute and Reactivation Care at Humber River Hospital, who delineates the importance of leaders and organizations investing in and improving their leaders’ competency levels so the care and strategic planning associates can meet the needs of the population. It also brings to light valuable insights from Paula Schmidt, vice president patient care services at Froedtert and the Medical College of Wisconsin Health Network, who talks about the continually changing healthcare sector and its increasing complexities.
Along with these vital insights from industry experts, the edition also features Needed Respite Care, an agency that appoints either a person chosen by the family or its staff to care for children with autism and other developmental disabilities so that the families and caregivers can take some time to run errands or get some relief from their challenging routines.
We hope this edition helps you avail of the finest caregivers to give your loved ones uninterrupted care and yourself a break to rejuvenate.