Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | ![]() Knight Bridge Investment Consultants Limited – Healthcare Sector UpdateAn aging population is one of the major issues governments globally are having to prepare for.
Companies in this industry provide long-term skilled nursing care, other types of care, and social services in residential facilities. Major US companies include Brookdale Senior Living, Genesis Healthcare, Golden Living (owned by GGNSC Holdings), and HCR Manor Care (all based in the US), along with Bupa (UK), ExtendiCare (Canada), Korian (France), and Orpea (France). The proportion of people over 60 is expected to grow from 12% to 22% of the world's population between 2015 and 2050, according to the World Health Organization. While the number of nursing facilities varies by region, a growing number of countries -- particularly those with some form of national health insurance -- are experiencing an increase in demand for long-term care options for their aging and infirm citizens. The US nursing homes and long-term care facilities industry includes about 85,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $235 billion. These facilities, whilst offering competitively priced care are continually having to deal with changes in healthcare insurance, government policies and sheer demand for their services. The significant investment in locations often means that companies within this sector have huge property portfolio's and exposure to their subsequent fluctuations in value. Whilst this can be a benefit, the current downturn in property values has seen many of the larger players in the industry look to divest their holdings in an attempt to position themselves in the best possible locations for not only demand of their services but also to protect the companies intrinsic value and their bottom line. To find out more about where Knight Bridge Investment Consultants Limited sees value within this market, visit www.knightbridgeinvestment.com or contact us at info@knightbridgeinvestment.com for further information. End
Page Updated Last on: Jun 28, 2018
|
|