Offering Overview-MTH 082315

MARKET TRENDS CONTINUE TO GROW

Number of Hospice Companies Increasing: The number of hospice programs nationwide continues to increase — from the first program that opened in 1974 to approximately 5,800 programs today. This estimate includes both primary locations and satellite offices. Hospices are located in all 50 states, the District of Columbia, Puerto Rico, Guam and the U.S. Virgin Islands. Resource: nhpco.org

Fewer Deaths Trending in Hospitals: More people are dying in hospice care rather than in the hospital, though the shift hasn’t led to less aggressive treatment or lower costs as patients spend additional time in intensive care units in the last month of life. Hospice care among the elderly doubled to about 40 percent in the past decade, according to a study in the Journal of the American Medical Association. For many, the transition to hospice came only in the final few days of life, often after time in the intensive care unit and multiple hospitalizations. Source: (Bloomberg) -- Feb. 2015 Longer Healthier Lives has a Surprise Ending: MacArthur Research Network on an Aging Society finds that by 2050 Americans may live 3.1 to 7.9 years longer than official government projections, resulting in sharply higher costs for government programs that serve older citizens. The findings are based on the premise that the risk of death in the coming decades will be reduced by accelerated advances in biomedical technology that delay the onset and progression of major fatal diseases or that slows the aging process.” Resouce: http://www.macfound.org/press/publications/aging- america-twenty-first-century-demographic-forecasts-macarthur-foundation-research- network-aging-society/#sthash.oJvogmMX.dpufperiod. Resource: healthaffairs.com

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