Is home health a growing sector?
It had been. Between 1990 and 1997, the provision of home health agency services was one of Medicare's fastest-growing expenses. During this period, expenditures rose from $3.3 billion to $18.0 billion. Home health was negatively affected by Medicare payment reductions imposed by the Balanced Budget Act of 1997. By 2000, more than 3,000 agencies closed or merged.