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Story perspectives

Home Healthcare Spending Soars 24.8%, Outpacing Overall Growth

2/3/2025

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Story summary
  • Home healthcare spending surged by 24.8% in 18 months, exceeding the 11.4% growth in overall personal healthcare.
  • Nursing home care experienced a 13.4% increase.
  • National health spending rose by 7.2% year-over-year through November 2024.
  • Healthcare employment grew by 46,100 jobs in December, primarily in ambulatory services.
  • Year-over-year wage growth in healthcare reached 4% in November.