NAICS Code 623312-03 - Homes-Adult
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NAICS Code 623312-03 Description (8-Digit)
Hierarchy Navigation for NAICS Code 623312-03
Parent Code (less specific)
Tools
Tools commonly used in the Homes-Adult industry for day-to-day tasks and operations.
- Lift chairs
- Bedside commodes
- Shower chairs
- Transfer benches
- Walkers
- Wheelchairs
- Blood pressure monitors
- Glucose meters
- Oxygen concentrators
- Nebulizers
- Hearing aids
- Denture adhesive
- Pill organizers
- Incontinence products
- Disposable gloves
- Hand sanitizer
- Cleaning supplies
- Laundry detergent
- Dish soap
Industry Examples of Homes-Adult
Common products and services typical of NAICS Code 623312-03, illustrating the main business activities and contributions to the market.
- Memory care homes
- Assisted living communities
- Residential care facilities
- Continuing care retirement communities
- Group homes for seniors
- Board and care homes
- Hospice care residences
- Senior living apartments
- Independent living communities
- Skilled nursing facilities
Certifications, Compliance and Licenses for NAICS Code 623312-03 - Homes-Adult
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Assisted Living Administrator Certification: This certification is required for administrators of assisted living facilities in some states. The certification is provided by the National Association of Long Term Care Administrator Boards (NAB) and requires passing an exam.
- Medication Aide Certification: This certification is required for staff who administer medication in some states. The certification is provided by the National Council of State Boards of Nursing (NCSBN) and requires passing an exam.
- CPR and First Aid Certification: This certification is required for staff who provide direct care to residents in most states. The certification is provided by various organizations such as the American Red Cross and the American Heart Association. and
- Food Handler's Permit: This permit is required for staff who handle food in most states. The permit is provided by the local health department and requires passing a food safety exam. More information can be found at the local health department's website.
- Fire Safety Inspection: Homes-Adult are required to pass fire safety inspections in most states. The inspections are conducted by the local fire department or the state fire marshal's office. More information can be found at the local fire department's website or the state fire marshal's office website.
History
A concise historical narrative of NAICS Code 623312-03 covering global milestones and recent developments within the United States.
- The Homes-Adult industry has a long history dating back to the early 17th century when almshouses were established in England to provide shelter and care for the elderly and disabled. In the United States, the first homes for the elderly were established in the late 1800s, and by the early 1900s, the industry had grown significantly. In the 1960s, the industry saw a shift towards more community-based care, and the first assisted living facilities were established. In recent years, the industry has seen a trend towards more personalized care and the use of technology to improve the quality of life for residents.
Future Outlook for Homes-Adult
The anticipated future trajectory of the NAICS 623312-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Homes-Adult industry in the USA is expected to experience steady growth in the coming years due to the aging population and the increasing demand for long-term care services. According to a report by ResearchAndMarkets, the US senior living market is expected to grow at a CAGR of 7.5% from 2021 to 2026. The industry is also expected to benefit from the increasing adoption of technology in senior living facilities, which can improve the quality of care and reduce costs. However, the industry may face challenges such as labor shortages and rising costs of healthcare services. Overall, the future outlook for the Homes-Adult industry in the USA is positive, with opportunities for growth and innovation.
Industry Innovations for NAICS Code 623312-03
Recent groundbreaking advancements and milestones in the Homes-Adult industry, reflecting notable innovations that have reshaped its landscape.
- Virtual Reality Technology: Some senior living facilities are using virtual reality technology to provide residents with immersive experiences, such as traveling to different parts of the world or attending concerts and events.
- Smart Home Technology: Homes-Adult facilities are increasingly adopting smart home technology, which can help residents with daily tasks and improve safety and security.
- Telemedicine: Telemedicine services are becoming more common in senior living facilities, allowing residents to receive medical care remotely.
- Intergenerational Programs: Some Homes-Adult facilities are implementing intergenerational programs, which bring together residents and younger generations for activities and socialization.
- Green Initiatives: Many senior living facilities are implementing green initiatives, such as using renewable energy sources and reducing waste, to promote sustainability and reduce costs.
NAICS Code 623312-03 - Homes-Adult
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