First Choice Healthcare Solutions, Inc. Analyst Report by Small Cap Street; Changing Dynamics in the US Healthcare Industry Bode Well for this Health Service Provider
NEW YORK, Sept. 5, 2014 /PRNewswire/ -- According to findings by Small Cap Street, as a growing percentage of the world's population – particularly here in the US – continues to age, healthcare spending is expected to increase substantially over the next decade. Just this week, the Centers for Medicare and Medicaid Services (CMS) estimated that healthcare spending is projected to grow at an average rate of 6% from 2015 through 2023 – an increase from 2013's 3.6% growth rate and 2014's expected growth rate of 5.6%. Aside from the aging Baby Boomers, increased healthcare coverage due to the Affordable Care Act (see: Obamacare) and overall economic growth are also expected to drive the US healthcare industry to exceed $5 trillion by 2023 – nearly double the $2.8 trillion spent in 2012. Further, this increase is expected to represent nearly one-fifth of US GDP in 2023 (approximately 19.3% compared to 2012's 17.2% of GDP).
Through acquisitions and restructurings, FCHS' mission is to establish these centers of excellence into reputable, profitable, and well-managed enterprises dedicated to improving the quality of lives of the caregivers it employs and the health and wellness of the patients and families it serves. By adhering to FCHS' model for each of these centers, the company's high standards for patient care and attention can be fostered and preserved, while differentiating themselves from their competition.
A full in-depth analyst report on FCHS that include recommendation, industry and competitive analysis, risk factors, recent financial performance, potential revenues and market size, technical analysis and analyst summary, can be viewed by using the following link at no cost:
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