The cost of out-of-pocket home care services in the U.S. has steadily risen. As a reaction to that, some providers are proactively relying less on their private-pay revenue streams.
While costs have gone up, so has revenue. Private-pay home care providers generally bill two times more than what they pay caregivers, meaning they can hand off rising costs to the client. But home care providers ultimately see that as an existential threat to their businesses, reports Home Health Care News. Read more.
