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In the next 8 to 9 years, the U.S. will face a shortage of up to 100,000 physicians and more than 200,000 nurses; in about 8 years, all baby boomers will be over age 65, and three out of four of them have deep desires to age in their current home, or in other age-in-place alternatives such as assisted living. We now have the entire continuum of care to be addressed in non-traditional health settings.  To address growing home health needs, the industry must evolve to accommodate more sophisticated health services in the home. Introducing more complexity into the home requires more structure and best practices.

The home health industry is greenfield, where opportunities exists for data, health device, health IT, platform, and consumer health companies. There will be a need for physician and nurse telehealth contact centers along with higher quality data and analytics. However, the home health market is highly fragmented and lacks maturity in clinical and technical capabilities.  Opportunities include knowledge development, standards and frameworks, agile processes, data science, requirements analysis, risk management, scheduling, process and workflow automation -- all of which are areas of expertise for project managers.

Stephen Wade has over 25 years in the IT and healthcare industries.  He is currently CEO of UnityBPO, a health technology company supporting healthcare workers in the use of technology and clinical applications as well as supporting patients in the digital management of their healthcare.  With a national client base in acute and post-acute markets, Mr. Wade leads a company of clinicians and technologists in providing remote application and technical services managed through our proprietary automation and collaboration platforms. Throughout his career, Mr. Wade has been instrumental in the development of new business lines and practices in emerging markets. He has provided strategic direction / development for a multitude of clients including large health systems, the Red Cross, the National Institutes of Health, FDA, CIA, IRS, U.S. Navy, and complex commercial clients including Ford Motor Company, FedEx, Sprint, Aerojet, and Toyota.