Florida Home Care Market at a Glance
4.9 million (65+)
Senior Population
14.5% (2020-2030 projected)
Projected Growth
2.8x - 5.0x
Typical Multiples
$9.1 billion
Market Size
Key Market Facts
Highest concentration of seniors in the US
No state income tax - tax-advantaged sales
Major metros: Miami, Tampa, Orlando, Jacksonville
Strong snowbird and retirement community market
Market Opportunities
Largest senior population = largest addressable market
Affluent retirees drive strong private pay demand
Year-round demand (no seasonal slowdowns)
Active M&A market with multiple strategic buyers
Market Challenges
Highly competitive market in South Florida
Hurricane and flood insurance costs
High caregiver turnover in competitive metros
Medicaid managed care rate pressures
Florida Regulatory Environment
Licensed by Agency for Health Care Administration (AHCA)
Statewide Medicaid Managed Care program
Certificate of Need (CON) requirements for some services
Background screening through AHCA clearinghouse