SIC 8059 - Nursing And Personal Care Facilities, Not Elsewhere Classified
Establishments primarily engaged in providing some nursing and/or health-related care to patients who do not require the degree of care and treatment that a skilled or intermediate care facility is designed to provide. Patients in these facilities, because of their mental or physical condition, require some nursing care, including the administering of medications and treatments or the supervision of self-administered medications in accordance with a physician's orders. Establishments primarily engaged in providing day-to-day personal care without supervision of the delivery of health services prescribed by a physician are classified in Industry 8361.
Industry trends:
The Nursing And Personal Care Facilities industry, classified under NAICS 8059, has been experiencing significant qualitative trends lately. One prominent trend is the growing emphasis on personalized and patient-centric care models. Facilities are increasingly adopting technologies like telehealth, electronic health records (EHRs), and remote monitoring to provide tailored care and improve patient outcomes. This shift is driven by both regulatory pressures and consumer demand for higher standards of care.
Another key trend is workforce challenges, including high turnover rates and staffing shortages. These issues are prompting facilities to invest more in staff training and wellness programs, and in some cases, to explore the use of robotics and AI to supplement human resources. Additionally, the focus on creating more homelike environments within facilities to enhance the quality of life for residents is gaining traction. This includes incorporating more communal spaces and outdoor areas.
Looking ahead, the forecast predicts continued expansion in the use of advanced technologies and data analytics to improve operational efficiencies and patient care. The integration of Artificial Intelligence (AI) in predictive analytics for better health outcomes is expected to rise. Furthermore, an increasing emphasis on hybrid models of care that combine in-person and virtual services is anticipated. The industry may also see more strategic partnerships and mergers to address the growing demand for specialized and long-term care services.
This industry is comprised of:
Convalescent homes for psychiatric patients, with health care
Convalescent homes with health care
Domiciliary care with health care
Homes for the mentally retarded with health care, except skilled and
Nursing homes except skilled and intermediate care facilities
Personal care facilities with health care
Personal care homes with health care
Psychiatric patient's convalescent homes
Rest homes with health care
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