Abstract
Faced with escalating costs, acute hospitals require alternative care
locations to accommodate the needs of extended-stay patients, who account for
a substantial proportion of healthcare expenditures. Long-term acute care
hospitals (LTACHs) are designed to accommodate the complex needs of these
patients. These hospitals offer a range of services that includes mechanical
ventilation and respiratory therapy, wound care, dialysis, and cardiopulmonary
monitoring. LTACHs offer an attractive, niche market for product suppliers.
Through 2005, the number of LTACHs in the U.S. grew rapidly. Changes in
national healthcare policy, however, have greatly affected the organization of
these hospitals as well as the type of services offered. This report examines
trends in long-term acute care device markets, and provides patient and
product forecasts for respiratory therapy, wound care, renal failure, and
monitoring technologies through 2013.
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