The home care sector stands at a crossroads. With an aging population increasingly preferring to receive care in the comfort of their homes, the demand for home care services is soaring. In fact, the home healthcare market is projected to grow at a compound annual growth rate of 7.96% from 2024 to 2030.
Yet, this growth is juxtaposed against a backdrop of significant challenges. Nearly 40% of agencies struggle with operational inefficiencies, and a concerning number, 4 in 10 home care providers, shut down their services in 2023 due to high operating costs. – Automationedge.
These are not mere statistics; they are a clear call for a transformative change in the way care is delivered. The answer?
Intelligent automation powered by GenAI, which is a powerful tool that can reshape the home care landscape. By automating tedious, time-consuming administrative tasks, GenAI eliminates inefficiencies and empowers care providers with the support they need to excel.
You are just one step away. Download the whitepaper to get started.
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