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NAICS Code 623110-18 Description (8-Digit)

Nursing Home Services is a subdivision of the Nursing Care Facilities industry that provides long-term care for elderly or disabled individuals who require assistance with daily living activities. These services are typically provided in a residential setting, where residents receive around-the-clock medical care and supervision. Nursing Home Services may also offer rehabilitation services, such as physical therapy, occupational therapy, and speech therapy, to help residents recover from injuries or illnesses.

Hierarchy Navigation for NAICS Code 623110-18

Tools

Tools commonly used in the Nursing Home Services industry for day-to-day tasks and operations.

  • Electronic Health Records (EHR)
  • Medication Dispensing Systems
  • Fall Prevention Alarms
  • Wheelchairs and Mobility Aids
  • Lifts and Transfer Devices
  • Blood Pressure Monitors
  • Glucose Meters
  • Wound Care Supplies
  • Oxygen Tanks and Concentrators
  • Personal Protective Equipment (PPE)

Industry Examples of Nursing Home Services

Common products and services typical of NAICS Code 623110-18, illustrating the main business activities and contributions to the market.

  • Assisted Living Facilities
  • Memory Care Facilities
  • Skilled Nursing Facilities
  • Rehabilitation Centers
  • Hospice Care Facilities
  • Residential Care Homes
  • Continuing Care Retirement Communities
  • Alzheimer's Care Facilities
  • Palliative Care Facilities
  • Respite Care Facilities

Certifications, Compliance and Licenses for NAICS Code 623110-18 - Nursing Home Services

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

  • Certified Nursing Assistant (CNA): A certification that allows individuals to work as nursing assistants in nursing homes. The certification is provided by the National Council of State Boards of Nursing (NCSBN).
  • Licensed Practical Nurse (LPN): A certification that allows individuals to work as licensed practical nurses in nursing homes. The certification is provided by the National Council of State Boards of Nursing (NCSBN).
  • Registered Nurse (RN): A certification that allows individuals to work as registered nurses in nursing homes. The certification is provided by the National Council of State Boards of Nursing (NCSBN).
  • Certified Dementia Practitioner (CDP): A certification that allows individuals to work with dementia patients in nursing homes. The certification is provided by the National Council of Certified Dementia Practitioners (NCCDP).
  • Certified Aging In Place Specialist (CAPS): A certification that allows individuals to work with elderly patients in nursing homes. The certification is provided by the National Association of Home Builders (NAHB).

History

A concise historical narrative of NAICS Code 623110-18 covering global milestones and recent developments within the United States.

  • The Nursing Home Services industry has a long history dating back to the early 17th century in Europe, where the first nursing homes were established to care for the elderly and disabled. In the United States, the industry began to take shape in the early 20th century, with the first nursing home opening in 1901 in New York City. The industry experienced significant growth in the 1950s and 1960s, with the introduction of Medicare and Medicaid programs, which provided funding for nursing home care. In recent years, the industry has faced challenges such as rising healthcare costs, increased regulation, and a shortage of skilled workers.

Future Outlook for Nursing Home Services

The anticipated future trajectory of the NAICS 623110-18 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Nursing Home Services industry in the USA is positive. The industry is expected to grow due to the aging population in the country. According to the US Census Bureau, the number of people aged 65 and older is projected to be 95 million by 2060, which is more than double the number in 2018. This increase in the elderly population is expected to drive demand for nursing home services. Additionally, the industry is expected to benefit from advances in technology, such as telemedicine and electronic health records, which can improve the quality of care and reduce costs. However, the industry may face challenges such as staffing shortages and regulatory changes. Overall, the Nursing Home Services industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 623110-18

Recent groundbreaking advancements and milestones in the Nursing Home Services industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Reality Therapy: Virtual reality therapy is being used in nursing homes to help residents with dementia and other cognitive impairments. The therapy uses virtual reality headsets to create immersive experiences that can help reduce anxiety and improve mood.
  • Electronic Health Records: Electronic health records are being used in nursing homes to improve the quality of care and reduce costs. Electronic health records can help reduce errors, improve communication between healthcare providers, and provide better access to patient information.
  • Telemedicine: Telemedicine is being used in nursing homes to provide remote medical care to residents. Telemedicine can help reduce the need for in-person visits, which can be especially beneficial for residents who have difficulty traveling.
  • Person-Centered Care: Person-centered care is an approach to care that focuses on the individual needs and preferences of each resident. This approach can help improve the quality of care and increase resident satisfaction.
  • Green Initiatives: Nursing homes are implementing green initiatives to reduce their environmental impact and improve sustainability. These initiatives can include energy-efficient lighting, water conservation measures, and waste reduction programs.

NAICS Code 623110-18 - Nursing Home Services

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