Private Pay Home Care Companies Profit Despite Recession

Stephen Tweed | October 15, 2009 | Newsroom
National Private Duty Association (NPDA) has discovered some good news for private pay home care companies during a slow economic period. A recent survey of these companies has shown that over 70 percent of businesses are projected to increase their revenues in 2009. As a reflection of this growth, 81 percent of the businesses surveyed…

National Private Duty Association (NPDA) has discovered some good news for private pay home care companies during a slow economic period. A recent survey of these companies has shown that over 70 percent of businesses are projected to increase their revenues in 2009. As a reflection of this growth, 81 percent of the businesses surveyed are currently hiring caregivers to keep pace with client demand.

The volume of new hires, satisfied clients, and stronger CEOs are helping this country move forward and find success in tough times.

Stephen Tweed
Stephen Tweed is among the top Thought Leaders in Home Care today. As an industry researcher, author, and executive coach, he has worked with owners and CEOs of companies in the top 5% of Home Care and is a frequent speaker at Home Care association conferences and corporate meetings across the US and Canada.

Related Posts

Caregiver First Company Culture

January 29, 2026
I've been thinking a lot about Caregivers First. As I mentioned last week, we have just released the 2026 Future of Home Care Study conducted by Leading Home Care ... a Tweed Jeffries company, and published by AxisCare. Again, we looked at the Pain Points that are keeping Home Care CEOs awake at night, and for the third year in a…
Read more

Opportunities for Growth

January 22, 2026
I've been thinking a lot …about Opportunities for Growth. As you move actively into 2026, what are your goals for growth in the new year? As I work with hundreds of Home Care CEOs each year at association conferences, corporate meetings, Home Care CEO Mastermind Groups, and Executive Briefings, I see one main area of…
Read more

The 2026 Future of Home Care Report

January 15, 2026
I've been thinking a lot ...about The Future of Home Care. Happy Happy Happy New Year, my friends. It's been a while since you've heard from me. Elizabeth and I took a sabbatical from our business and spent a month in South America. We left southwest Florida and flew to Santiago Chile. After a few…
Read more