The healthcare industry has its problems. There is no doubt about it. Our healthcare system in the U.S. is always changing and there is no telling what it will look like 10 years from now. Will it be free for everyone? Will it be 3x more expensive than it is right now? We can speculate, but we can't know for sure. However, one thing we do know for sure is that the baby boomer generation is coming and they are going to shake things up for the entire healthcare industry.

 

Currently, The hospice system in the United States is primarily comprised of individuals aged 75 and older. IN fact, according to nhpco, in 2015, over 75% of hospice patients were 75 years or older. As of right now, the Silent Generation occupies this age group. But change is coming soon. 

 

Baby Boomers vs. Silent Generation

For a little context, it might be helpful to know that the silent generation conceived the baby boomers. If you are a baby boomer, your parents most likely are from the silent generation. But for our purposes, the real difference we want to draw attention to is the size of these two generations. 

Silent Generation 

Born between 1928 - 1946

Age: 72 - 90 

Population: 28 Million

 

Baby Boomers

Born between 1946 - 1965

Age: 53 - 72

Population: 75 million

 

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What to Expect

The baby boomer generation is currently 3x the size of the silent generation. This is will likely create a massive influx of patients into the hospice system over the next 20 years. 

Will there be enough hospices to service all the baby boomers?

Will there be enough nurses to take care of the 76 million baby boomers?

These questions are worth thinking about. One thing is certain - the baby boomers are coming, and they are going to shake up the healthcare and hospice industry as we know it.

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