Nursing Care Facilities in Texas
The Nursing Care Facilities industry in Texas has fared well over the five years to 2017, outpacing growth at the national level. In addition to the necessary nature of nursing care, the burgeoning population of aging Texans has primarily driven industry growth. Industry operators depend on funding from government programs because they generate the vast majority of their revenue from Medicare and Medicaid payments. To stay ahead of competition, industry operators will increasingly offer specialized services, such as dementia care. Over the five years to 2022, the industry is projected to experience healthy and steady growth, with industry revenue increasing.
This industry provides living quarters, inpatient nursing and rehabilitation services for people with a chronic illness or disability. Care is usually provided for an extended period to individuals who require help with day-to-day activities, but do not need to be in a hospital.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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