Analysis of Long Term Care: Economy, Demand, and Policy

This report provides an analysis of long-term care, exploring factors that make it unique compared to hospitals, the impact of CON (Certification of Need) on its economy, and forecasts for supply and demand over the next 25 years. It also addresses the question of whether the US government should cover the costs for the elderly, considering the projected increase in demand. The report references key literature on long-term care, including discussions on workforce planning, the impact of COVID-19 on older adults, and financial considerations. The analysis emphasizes the importance of strategic planning to address the growing needs of the elderly population and the potential challenges in resource allocation.

Health

Table of Contents
INTRODUCTION...........................................................................................................................3
What are the factors which make long term care unique compared hospital
What is the effect of CON on long term care economy
How does the forecast of supply and demand of long term care will look like with in next 25
years
Should the US government cover the cost for elderly In middle and wealthy classes
.....................................................................................................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

What are the factors which make long term care unique compared hospital
Long term care is the type of Care Services which is unique from the other hospitals and care
services due to various factors, such as long term care is involving the different health care
services for the patient who is suffering from the acute chronic disease and disabilities. That is
unique due to its long term care facilities which involves the mediational, interventions care
along with personal and emotional care (Henning-Smith, C., 2020). ADLs is the factor which
make long term care unique, that is involving the services and support related to Daly living
activities, such as eating, bathing, dressing, transferring, toileting, movement and physical
activities like waking. There are the different level of long term care from where patient get the
log term personal and health care support. Such as SNF, nursing, home, home health provider
etc.
What is the effect of CON on long term care economy
Certification of need is the law developed by state government in order to control the health care
resources within the area to prevent the unwanted health care expenditures. This has effected the
decision making process of long term care because before making any financial investment on
that LTCHs have to demonstrate and present the community needs, in front of the higher
authority’s. This law helping in the long-term economy improvement by reducing the chances
of duplication and unnecessary funding of government in wrong place of health care industry.
This influence the LTCHs to make selective decisions of investment and give the appropriate
funding by reducing it from unnecessary Investment.. that is different from the other hospitals
most of the long term care organization run on the finding support in completion to other private
hospitals (Osterman, P., 2017).
How does the forecast of supply and demand of long term care will look like with in next 25
years
According to some AHCA (2017) research report it has been analysed that with in nest 10 years
forecast of supply and demand of long term care will look more bigger with the higher demand
and population. And after that this will further increase with new generation. There will be the
huge shortage of resources and higher requirements of supply. It is import to strategically be
prepare for the tough time. In 2030 the adult population who will need long term care will reach

10.5 million in context to which there will be the need of 2.3 million more health care workers.
Similar to this in 2045 this will get double ( Squires, A., Jylhä, V., 2017).
.
Should the US government cover the cost for elderly In middle and wealthy classes
US government have to make strategic plan for present and future investment on elderly middle
and wealthy classes. Because from the interpretation of net 25 year long term care forecast of
supply and demand will become more difficult to manage as with in 2030 adult will we the large
divers group and that year will be baby boomer, adult will require more long term care and not
able to live independently. So on the basis of this interpretation US government have to cover
elderly care with strategic approach ( Zaloom, C., 2019).

REFERENCES
Books and Journals
Henning-Smith, C., 2020. The unique impact of COVID-19 on older adults in rural areas. Journal of Aging
& Social Policy, 32(4-5), pp.396-402.
Osterman, P., 2017. Who will care for us?: Long-term care and the long-term workforce. Russell Sage
Foundation.
Squires, A., Jylhä, V., 2017. A scoping review of nursing workforce planning and forecasting
research. Journal of nursing management, 25(8), pp.587-596.
Zaloom, C., 2019. Indebted: How families make college work at any cost. Princeton University Press.