A quarter-trillion dollars, and growing?

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The long-term care market has surpassed the quarter trillion dollar mark in revenues, according to one estimate. However, there is an important caveat: This new Kalorama Information report places nursing homes, assisted living communities, hospices and home care agencies in the same basket. Still, any entity that weighs in at $258 billion is formidable. And as operators fill more beds, they will need to purchase additional products and services to successfully operate their businesses, study authors added.