RECENT NEWS
MedPage Today  Jul 1  Comment 
(MedPage Today) -- Future expected to include acute care, primary care at home
Reuters  Jun 28  Comment 
* Decided not to recommend McKesson Corp deal with Bupa Home Healthcare to a phase 2 investigation Source text: http://bit.ly/292ycrB Further company coverage: (Bengaluru Newsroom)
The Hindu Business Line  Jun 25  Comment 
KIMS Hospitals and Portea Medical have entered into a partnership to expand the Portea’s home healthcare services for the patients of KIMS Hospitals in Secunderabad and Kondapur. Under the agreeme...
The Times of India  Apr 19  Comment 
Gone are the days when grandmothers could come to the rescue of new moms grappling with babycare. Home healthcare providers like Portea Medical, India Home Healthcare, Zoctr and mainstream players like Apollo are finding takers in new age moms who...
Reuters  Apr 6  Comment 
* Says unit silver cross automotive signed a definitive agreement to purchase automotive division of shoppers home health care
NPR  Feb 23  Comment 
Medicare compiles ratings of agencies' quality and of patients' perceptions. But the stars assigned by the government often don't align.
TechCrunch  Jan 14  Comment 
 Care24 is the latest home healthcare startup to get funding in India. The Mumbai-based company announced today that it has closed a $4 million Series A from SAIF Partners, which it will invest in caretaker training and its technology platform....
The Times of India  Jan 13  Comment 
Mumbai-based home healthcare provider, Care24 has raised $4 million from SAIF Partners in their Series A funding. Its seed investor India Quotient also participated in the round.
Insurance Journal  Dec 2  Comment 
A judge has ordered Illinois to pay more than $13 million to cover the cost of health insurance for home healthcare workers. SEIU Healthcare Illinois took legal action against Gov. Bruce Rauner and Comptroller Leslie Munger in November to force...
The Hindu Business Line  Oct 29  Comment 
Care24 gets $ 350,000 seed funding




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Companies in this industry provide specialized health care services such as oxygen tank delivery and in home nursing to individuals in their homes. Many of these companies are heavily dependent on Medicaid and Medicare as sources of revenue.

According to a new market report published by Transparency Market Research "Home Healthcare Market - Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 - 2018", (http://www.transparencymarketresearch.com/home-healthcare-market.html) the global home healthcare market is estimated to be worth USD 195.6 billion in 2012 and is expected to reach the value of USD 305.9 billion by 2018, growing at a CAGR of 7.7% from 2012 to 2018. The Americas region is expected to lead the global home healthcare market in terms of revenue till 2018. The total home healthcare market in the Americas is expected to reach the value of USD 150.8 billion by 2018 followed by Europe with total revenue of USD 80.5 billion.

The shift from conventional treatment to proactive monitoring is opening up new opportunities in the home Healthcare market. Patients prefer such services mainly because of convenience and cost effectiveness. Third party healthcare service is also in growing demand due to better quality of treatment provided by trained professionals.

Home Healthcare services are provided by healthcare professionals to patients at their own homes. These services are also called formal or skilled care services. Respiratory therapy, rehabilitation services, home infusion therapy, unskilled home care, telehealth, etc. are some major home Healthcare services provided.

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