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NAICS Code 623990-02 Description (8-Digit)

Residential Care is a type of industry that provides long-term care and support services to individuals who require assistance with daily living activities. This industry is focused on providing a safe and comfortable living environment for individuals who are unable to live independently due to physical or mental disabilities, chronic illnesses, or age-related conditions. Residential Care facilities offer a range of services including personal care, medication management, meal preparation, housekeeping, and transportation. The goal of Residential Care is to provide a supportive and nurturing environment that promotes independence, dignity, and quality of life for its residents.

Hierarchy Navigation for NAICS Code 623990-02

Tools

Tools commonly used in the Residential Care industry for day-to-day tasks and operations.

  • Lifts and transfer equipment
  • Medical equipment (e.g. blood pressure monitors, oxygen tanks)
  • Mobility aids (e.g. wheelchairs, walkers)
  • Personal care items (e.g. adult diapers, hygiene products)
  • Communication devices (e.g. hearing aids, speech therapy tools)
  • Safety equipment (e.g. bed rails, fall prevention mats)
  • Medication dispensers
  • Electronic health record systems
  • Cleaning supplies and equipment
  • Food service equipment (e.g. ovens, refrigerators)

Industry Examples of Residential Care

Common products and services typical of NAICS Code 623990-02, illustrating the main business activities and contributions to the market.

  • Assisted Living Facilities
  • Memory Care Facilities
  • Adult Foster Care Homes
  • Residential Care Homes for the Elderly
  • Group Homes for Individuals with Disabilities
  • Sober Living Homes
  • Hospice Care Facilities
  • Residential Treatment Centers for Mental Health and Substance Abuse
  • Independent Living Communities
  • Continuing Care Retirement Communities

Certifications, Compliance and Licenses for NAICS Code 623990-02 - Residential Care

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

  • National Association Of Long Term Care Administrator Boards (NAB): NAB provides certification for long-term care administrators. The certification is required in most states for individuals who want to work as administrators in nursing homes, assisted living facilities, and other long-term care facilities.
  • Certified Dementia Practitioner (CDP): The CDP certification is offered by the National Council of Certified Dementia Practitioners (NCCDP). It is designed for healthcare professionals who work with individuals with dementia. The certification requires 10 hours of continuing education and a written exam.
  • Certified Assisted Living Administrator (CALA): The CALA certification is offered by the National Association of Long Term Care Administrator Boards (NAB). It is designed for individuals who want to work as administrators in assisted living facilities. The certification requires passing an exam and meeting certain education and experience requirements.
  • Home Care Aide Certification: The Home Care Aide Certification is offered by the National Association for Home Care & Hospice (NAHC). It is designed for individuals who provide care to patients in their homes. The certification requires completing a training program and passing an exam.
  • Certified Nursing Assistant (CNA): The CNA certification is offered by the National Council of State Boards of Nursing (NCSBN). It is designed for individuals who want to work as nursing assistants in long-term care facilities. The certification requires completing a training program and passing an exam.

History

A concise historical narrative of NAICS Code 623990-02 covering global milestones and recent developments within the United States.

  • The Residential Care industry has a long history dating back to the early 19th century when the first residential care homes were established in Europe to provide care for the elderly and disabled. In the United States, the industry began to take shape in the early 20th century with the establishment of nursing homes and assisted living facilities. The industry has since grown to include a wide range of services such as hospice care, memory care, and rehabilitation services. In recent years, the industry has faced challenges such as rising costs, staffing shortages, and increased regulation, but has also seen advancements in technology and care practices that have improved the quality of care provided to residents. In the United States, the Residential Care industry has undergone significant changes in recent history. The industry has seen a shift towards more person-centered care, with a focus on providing individualized care plans and promoting resident autonomy. The use of technology has also become more prevalent in the industry, with the adoption of electronic health records and telehealth services. The industry has also faced challenges such as increased competition from home health care providers and a shortage of qualified staff. Despite these challenges, the industry has continued to grow and evolve to meet the changing needs of residents and their families.

Future Outlook for Residential Care

The anticipated future trajectory of the NAICS 623990-02 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 Residential Care industry in the USA is positive. The industry is expected to grow due to the aging population and the increasing demand for long-term care services. According to the US Census Bureau, the number of Americans aged 65 and older is projected to reach 95 million by 2060, which will increase the demand for residential care facilities. Additionally, the COVID-19 pandemic has highlighted the importance of long-term care facilities and the need for better infection control measures. The industry is expected to adopt new technologies and innovative solutions to improve the quality of care and reduce costs. However, the industry may face challenges such as staffing shortages, regulatory changes, and rising healthcare costs. Overall, the Residential Care industry is expected to grow and evolve to meet the changing needs of the aging population in the USA.

Industry Innovations for NAICS Code 623990-02

Recent groundbreaking advancements and milestones in the Residential Care industry, reflecting notable innovations that have reshaped its landscape.

  • Telehealth Services: Residential care facilities are adopting telehealth services to provide remote care and consultations to their residents. This technology allows residents to receive medical care without leaving their facility, reducing the risk of exposure to infectious diseases.
  • Smart Home Technology: Residential care facilities are using smart home technology to improve the quality of life for their residents. This technology includes voice-activated assistants, smart thermostats, and motion sensors that can detect falls or other emergencies.
  • Virtual Reality Therapy: Some residential care facilities are using virtual reality therapy to treat residents with dementia or other cognitive impairments. This technology can provide a safe and immersive environment for residents to engage in therapeutic activities.
  • Green Initiatives: Residential care facilities are adopting green initiatives to reduce their environmental impact and improve the health of their residents. This includes using energy-efficient appliances, reducing waste, and providing healthy and sustainable food options.
  • Personalized Care Plans: Residential care facilities are developing personalized care plans for their residents to improve the quality of care and meet their individual needs. This includes incorporating the resident's preferences, interests, and cultural background into their care plan.

NAICS Code 623990-02 - Residential Care

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