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It's estimated that 4.2 million Americans have provided unpaid care to an adult age 50 or older in the last 12 months. The value of services provided by informal caregivers has steadily increased over the last decade, with an estimated economic value of $470 billion in 2013, up from $450 billion in 2009 and $375 billion in 2007.
It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care), hospice care, and home care. Elderly care emphasizes the social and personal requirements of senior citizens who wish to age with dignity while needing assistance with daily activities and with healthcare. Much elderly care is unpaid. [1]
Homecare (home care, in-home care), also known as domiciliary care, personal care or social care, is health care or supportive care provided in the individual home where the patient or client is living, generally focusing on paramedical aid by professional caregivers, assistance in daily living for ill, disabled or elderly people, or a combination thereof.
The median cost of in-home care is $30 per hour in the US, according to A Place for Mom, a senior living referral service, which works out to over $20,000 a year for just two-hour visits every day ...
Long-term care can be provided formally or informally. Facilities that offer formal LTC services typically provide living accommodation for people who require on-site delivery of around-the-clock supervised care, including professional health services, personal care, and services such as meals, laundry and housekeeping. [4]
Seniors Helping Seniors franchise consultant Dave Wagner said the brand began in 1998 and opened up to franchising in 2006. The business’s network consists of 280 franchise territories ...
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