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(Medical-NewsWire.com, June 04, 2021 ) Retirement community service providers are developing individualized service plans to treat and aid individuals to recover from chronic disease conditions. Individualized service plans are developed by considering factors such as physical needs, mental needs, living situation and compliance to medications. A service plan includes the individual’s unique list of medical conditions and personalized treatment plans. Retirement community care providers make use of big data to derive information on individuals and track their health conditions to provide a specialized service plan to better serve the individuals. Customized service plans are improving treatment outcomes and enabling retirement community service providers to increase their revenues. The Centers for Medicare & Medicaid Services (CMS) has implemented individualized service plans for long-term care patients.
The retirement communities market consists of sales of retirement community care services and related goods by entities that provide accommodation and nursing care services for the elderly who are generally able to care for themselves but might require assistance from home care agencies.
Retirement Communities Market Report Segments:
By Type –
a) Continuing Care Retirement Communities
b) Assisted Living Facilities With Nursing Care
c) Assisted Living Facilities
d) Rest Homes
Read More On The Global Retirement Communities Market Report:
https://www.thebusinessresearchcompany.com/report/retirement-communities-market
Retirement Communities Market Size Forecast:
The global retirement community market is expected to grow at a compound annual growth rate of 9.8% to nearly $317.4 billion by 2023.
Major Players in the Retirement Communities Market:
HC-One Ltd.
Brookdale Senior Living Inc.
Five Star Senior Living
Holiday Retirement
Sunrise Senior Living
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Retirement Communities Market - By Type (Continuing Care Retirement Communities, Rest Homes, Assisted Living Facilities, Assisted Living Facilities With Nursing Care), By Region, Opportunities And Strategies – Global Forecast To 2023 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, segments and geographies, trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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