NAICS Code 561110-14 - Nursing Homes Management Service

Marketing Level - NAICS 8-Digit

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NAICS Code 561110-14 Description (8-Digit)

Nursing Homes Management Service is an industry that involves the management and administration of nursing homes and other long-term care facilities. This industry is responsible for ensuring that these facilities are run efficiently and effectively, providing high-quality care to their residents. Nursing Homes Management Service providers oversee a range of activities, including staffing, budgeting, regulatory compliance, and resident care. They work closely with healthcare professionals, government agencies, and other stakeholders to ensure that their facilities meet the needs of their residents and comply with all relevant regulations.

Hierarchy Navigation for NAICS Code 561110-14

Parent Code (less specific)

Tools

Tools commonly used in the Nursing Homes Management Service industry for day-to-day tasks and operations.

  • Electronic Health Records (EHR) software
  • Staff scheduling software
  • Medication management software
  • Quality assurance and performance improvement (QAPI) software
  • Financial management software
  • Resident assessment tools
  • Staff training and development programs
  • Patient safety and risk management tools
  • Communication and collaboration tools (e.g. messaging apps, video conferencing)
  • Infection control and prevention tools

Industry Examples of Nursing Homes Management Service

Common products and services typical of NAICS Code 561110-14, illustrating the main business activities and contributions to the market.

  • Long-term care facilities
  • Assisted living facilities
  • Memory care facilities
  • Rehabilitation centers
  • Hospice care facilities
  • Home health agencies
  • Adult day care centers
  • Respite care facilities
  • Skilled nursing facilities
  • Continuing care retirement communities (CCRCs)

Certifications, Compliance and Licenses for NAICS Code 561110-14 - Nursing Homes Management Service

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Nursing Home Administrator (CNHA): This certification is required for individuals who want to manage nursing homes. It is provided by the National Association of Long Term Care Administrator Boards (NAB) and requires passing an exam. The certification ensures that the administrator has the necessary knowledge and skills to manage a nursing home effectively.
  • Certified Assisted Living Administrator (CALA): This certification is required for individuals who want to manage assisted living facilities. It is provided by the National Association of Long Term Care Administrator Boards (NAB) and requires passing an exam. The certification ensures that the administrator has the necessary knowledge and skills to manage an assisted living facility effectively.
  • Certified Dementia Practitioner (CDP): This certification is required for individuals who want to work with dementia patients in nursing homes. It is provided by the National Council of Certified Dementia Practitioners (NCCDP) and requires passing an exam. The certification ensures that the practitioner has the necessary knowledge and skills to provide quality care to dementia patients.
  • Certified Aging In Place Specialist (CAPS): This certification is required for individuals who want to provide home modification services to seniors. It is provided by the National Association of Home Builders (NAHB) and requires passing an exam. The certification ensures that the specialist has the necessary knowledge and skills to provide safe and accessible home modifications for seniors.
  • Certified Healthcare Environmental Services Professional (CHESP): This certification is required for individuals who want to manage environmental services in healthcare facilities, including nursing homes. It is provided by the American Hospital Association (AHA) and requires passing an exam. The certification ensures that the professional has the necessary knowledge and skills to manage environmental services effectively.

History

A concise historical narrative of NAICS Code 561110-14 covering global milestones and recent developments within the United States.

  • The Nursing Homes Management Service industry has a long history dating back to the early 20th century when the first nursing homes were established in the United States. The industry has since grown and evolved, with notable advancements such as the introduction of Medicare and Medicaid in the 1960s, which provided funding for nursing homes and expanded access to care for seniors. In recent years, the industry has faced challenges such as staffing shortages, rising costs, and increased regulation. However, advancements in technology and a growing demand for senior care services have also presented opportunities for growth and innovation.

Future Outlook for Nursing Homes Management Service

The anticipated future trajectory of the NAICS 561110-14 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Nursing Homes Management Service industry in the USA is positive. The industry is expected to grow due to the aging population in the country, which will increase the demand for nursing homes and assisted living facilities. Additionally, the COVID-19 pandemic has highlighted the importance of quality healthcare services for the elderly, which will further drive the growth of the industry. However, the industry will face challenges such as rising labor costs, increased competition, and changing regulations. To stay competitive, companies in the industry will need to invest in technology, improve their services, and focus on providing high-quality care to their patients.

Industry Innovations for NAICS Code 561110-14

Recent groundbreaking advancements and milestones in the Nursing Homes Management Service industry, reflecting notable innovations that have reshaped its landscape.

  • Telemedicine: Many nursing homes are now using telemedicine to provide healthcare services to their patients remotely. This technology has become increasingly important during the COVID-19 pandemic, as it allows patients to receive medical care without leaving their homes.
  • Electronic Health Records: Electronic health records have become an essential tool for nursing homes to manage patient information and improve the quality of care. These records allow healthcare providers to access patient information quickly and easily, which can help to prevent medical errors and improve patient outcomes.
  • Fall Prevention Technology: Many nursing homes are now using technology to prevent falls among their patients. This includes sensors that can detect when a patient is at risk of falling and alert staff members to take action.
  • Dementia Care: Nursing homes are increasingly focusing on providing specialized care for patients with dementia. This includes creating specialized units for dementia patients, training staff members in dementia care, and using technology to improve the quality of care.
  • Green Initiatives: Many nursing homes are now implementing green initiatives to reduce their environmental impact. This includes using energy-efficient lighting and appliances, reducing water usage, and implementing recycling programs.

NAICS Code 561110-14 - Nursing Homes Management Service

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