More Than 80% Of Home Health Agency Markets Were Highly Concentrated In 2022
More than 80% of home health agency (HHA) markets in 2022 showed high levels of concentration, even before accounting for health system affiliations or corporate ownership structures, according to a recent analysis. Nonmetropolitan areas exhibited greater market concentration compared to metropolitan regions. A “highly concentrated market” is defined as one where a small number of firms hold a large share of the market, indicating limited competition and more control by these companies, according to the analysis.
The HHA industry has been growing substantially, with spending growth on home health services outpacing that of nursing homes since 2000, according to the . . .