NAICS 62311 - Nursing Care Facilities
This industry comprises establishments primarily engaged in providing inpatient nursing and rehabilitative services. The care is generally provided for an extended period of time to individuals requiring nursing care. These establishments have a permanent core staff of registered or licensed practical nurses who, along with other staff, provide nursing and continuous personal care services.
Industry trends:
The nursing care facilities industry, categorized under NAICS 62311, is witnessing significant qualitative shifts driven by various factors. An aging population remains a primary driver, with increasing demand for long-term care services. There is a growing emphasis on personalized and patient-centered care, facilitated by advancements in digital health technologies such as telemedicine, electronic health records (EHR), and remote monitoring systems. These technologies are improving operational efficiencies and enhancing patient outcomes.
Labor shortages continue to be a pressing issue, prompting facilities to invest in workforce development, training programs, and better working conditions to attract and retain qualified staff. Mental health support and wellness programs for both residents and caregivers are becoming integral to the service offerings, in response to heightened awareness of mental health issues exacerbated by the COVID-19 pandemic.
Sustainability and eco-friendly practices are also gaining traction within the industry, as facilities adopt green building practices and energy-efficient systems to reduce their environmental footprint. Consumer expectations for high standards of hygiene and infection control have increased, necessitating continuous improvements in cleanliness protocols.
Looking into the near future, the industry is expected to further leverage artificial intelligence (AI) and data analytics to enhance care quality and operational efficiency. With ongoing challenges in workforce management, automation and robotics may increasingly be employed to support caregiving activities. Overall, the integration of innovative technologies and a focus on holistic well-being are key trends shaping the future of nursing care facilities.
This industry is comprised of:
Convalescent homes or convalescent hospitals (except psychiatric)
Group homes for the disabled with nursing care
Homes for the aged with nursing care
Homes for the elderly with nursing care
Hospices, inpatient care
Nursing care facilities
Nursing homes
Rest homes with nursing care
Retirement homes with nursing care
Skilled nursing facilities
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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