DMES introduces Home Care Supply division
Diversified Medical Equipment & Supplies (DMES) has launched a new Home Care Medical Supply division, with plans to service the state of California. The company has already begun servicing patients out of its Southern California office and is currently developing the Northern California location to be operational by April 1.
The new division will be under the direction of Curtistene Levi. Home healthcare industry revenues are expected to grow up to 15 percent annually during the next five years, according to a report recently released by investment banking firm Cochran, Caronia & Co. Growth in the home healthcare industry can be attributed to an increasing elderly population, growth in chronic disease prevalence, physician acceptance of homecare, medical advancements and the continued movement towards cost-efficient treatment options from both public and private payors.
Based on a report from the Centers for Medicare & Medicaid Services, U.S. expenditures on home healthcare services are projected to reach more than $90 billion by 2014.
The new division will be under the direction of Curtistene Levi. Home healthcare industry revenues are expected to grow up to 15 percent annually during the next five years, according to a report recently released by investment banking firm Cochran, Caronia & Co. Growth in the home healthcare industry can be attributed to an increasing elderly population, growth in chronic disease prevalence, physician acceptance of homecare, medical advancements and the continued movement towards cost-efficient treatment options from both public and private payors.
Based on a report from the Centers for Medicare & Medicaid Services, U.S. expenditures on home healthcare services are projected to reach more than $90 billion by 2014.